[mohanmcgeek]

> eager to default at this point as doing so could cause financial damage in the West.

What about Russian banks and Russian bond holders? External debt is generally only a fraction of the total debt

[UncleOxidant]

I'm sure they'll prioritize internal debt-holders of debt denominated in rubles. It's the debt owed to external entities that's denominated in other currencies that will be defaulted on.