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Russian government bonds, a good contrarian play?
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01-20-2015, 02:11 AM
foreverjason
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Join Date: Mar 2003
Posts: 1,452
Russian government bonds, a good contrarian play?
I just read these 2 articles, looks good. Russia has very low government debt and $400 billion in reserves to throw around.
Moody’s Cuts Russia Debt to Baa3 – Russia pays government interest on debt at 11% of GDP – NOT BAD – TheValueSwan.com
Is a 19% Interest Rate on Russian Government Bonds a good Investment? YES – TheValueSwan.com
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