![Russian Railways blocked from paying Western bondholders Russian Railways blocked from paying Western bondholders](https://exceptionalinsights.group/wp-content/uploads/2022/03/logo_200x200-2.png)
Russian Railways (RZD) said on Thursday it was unable to make coupon payments on its dollar-denominated Eurobonds on time due to technical problems with Western banks. The company was hit with UK sanctions last month, so any bond payments are considered frozen assets and blocked on the account of the agent bank.
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