VTB's Kostin on Russian Bonds, U.S. Sanctions

The transcript discusses the current state of Russian bonds, their liquidity, and the impact of sanctions on the secondary market. It highlights Russia's financial stability and reduced borrowing needs. The potential for Russian retaliation to sanctions is explored, along with preparations for harsher sanctions and alternative solutions. Diplomatic opportunities between Moscow and DC are considered, focusing on disarmament and climate change. The reasons for sanctions, such as election meddling and troop buildup, are discussed, emphasizing the need for dialogue.

What is the current yield on Russian bonds as mentioned in the video?

• 7%

• 5%

• 12%

• 10%

What is the expected budget surplus for Russia next year?

• 800 billion rubles

• 900 billion rubles

• 1.5 trillion rubles

• 2 trillion rubles

What potential action might Russia take in response to sanctions?

• Increase foreign investments

• Increase bond issuance

• Reduce domestic borrowing

• Expel diplomats

What system's vulnerability was discussed in relation to harsher sanctions?

• SWIFT payment system

• PayPal services

• Mastercard network

• Visa payment system

Which area is NOT mentioned as a potential diplomatic opportunity?

• Space exploration

• Climate change

• Digital revolution

• Disarmament

What is one of the alleged reasons for the sanctions against Russia?

• Currency manipulation

• Oil price fixing

• Trade surplus

• Election meddling

What does the speaker suggest is vital for improving US-Russia relations?

• Cultural exchange

• Dialogue

• Economic sanctions

• Military cooperation