Cuba and North Korea owe Russia a combined $37 billion, more than half of all foreign assets claimed by the government, according to the preliminary prospectus for the country’s first sale of ruble eurobonds.
Cuba’s debt to Russia is $27 billion, while North Korea’s is $10 billion, the document shows.
Russia’s “external financial assets,” including other countries’ liabilities, stood at $62.8 billion on June 30, according to the marketing materials.
(Bloomberg)
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