Markets

Russia's Rusal 2023 dollar bond at 52 cents, new record low

Published April 10, 2018 Updated April 10, 2018 07:24am

The bond was trading down 17.3 cents at around 52 cents according to Tradeweb, after Rusal boss and metals magnate Oleg Deripaska was included on a list of US sanctions in response to alleged Russian meddling in the 2016 US presidential election.

Rusal assets were hardest hit after the company warned it risked tipping into technical default.

 

 

Copyright Reuters, 2018