Vnesheconombank also had $1.3b in public debt due in 2015. Russian companies face $3.93b of dollar-bond maturities by year-end.
These bond maturity dates could be factors of why crude prices fall because of an economic attack by US. Since US started flooding the markets with oversupply of oil, oil prices had been in the decline from $100 a barrel to $60-70 a barrel.
As Russia's economy largely depend on the export of crude oil and gas products, the reduction in these commodity prices may weight down on their profitability and thus, affecting their ability to settle their debts.
As Russia's economy largely depend on the export of crude oil and gas products, the reduction in these commodity prices may weight down on their profitability and thus, affecting their ability to settle their debts.
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