Bonds “Rosnano” collapsed due to threat of default

Moscow Exchange on Monday, November 22, resumed bonds by Bonds “Rosnano” after on Friday, November 19, they were suspended in connection with the prescription of the Central Bank. Soon after the removal of the ban collapsed all the issues of state-owned securities companies, the data of the site is evidenced.

Release on December 1, 2021 as of 10:30 lost 13 percent, the cost of the bond fell to 87 rubles.

Releases with redemption in December 2023 and in March 2024 fall almost 20 percent, and with repayment in March 2028 – more than 10 percent.

As a rule, such problems imply a debt restructuring or default, but for a state company (100 percent of shares belong to the state) such a situation has become unprecedented.

/Media reports.