Ah yes, the government who promised to give 100k of debt for every new recruit. Not government debt, mind you, third party debt. As in, you owe me 90k, and sign up for the military, and that debt is gone now, and I can go fuck myself…
That government can surely be trusted to repay their own bonds, right?
I thought the government would pay the dept. Just forgetting 3rd party debts is crazy. It would destroy all trust in debt market.
That’s surely a sign of a healthy economy when people have so much money they don’t need to invest, right? Right?? /s
I’ll give you 6 rubles for all of them!
How did the previous years look on this?
The way it used to work is that on each auction day they try to sell a certain number of bonds. Usually about the same amount for each auction day. If they did not sell or they needed more money they had special auctions as well, with better offers if needed. That was usually the case, when they offered them at too favourable conditions for the Russian government and the better offers sold the rest of the bonds easily and where usually not that much better.
So before 2/3 of the bonds should have been sold by now.
What happens when Russia can’t pay NK?
Russia pays NK in a bunch of stuff and we already saw some proof of payments. Namely missile technology going to NK, but also resources like oil and food, which NK needs desperatly. If Russia would not pay, then NK would not send troops and weapons. So they have to do it.
Russia ‘sells’ Eastern Siberian Territories to China.
