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 mentioned in the text?

How much is the portfolio of Russian bonds mentioned in the text?

What is the expected budget deficit for Russia this year?

What measures might Russia take in response to sanctions?

What are the potential areas for cooperation between Moscow and Washington mentioned in the text?

How does the speaker perceive the relationship between Russia and America?

What is the speaker's view on the effectiveness of the sanctions?