"Russia said that it had sent the money to Euroclear Bank SA, a bank that would then distribute the payment to investors.
But that payments allegedly got stuck there amid increased sanctions from the West on Moscow, according to Bloomberg, meaning creditors did not receive it."
Russia sent the money, the West (US) is blocking the payments.
Not exactly...
"Russia said that it had sent the money to Euroclear Bank SA, a bank that would then distribute the payment to investors. But that payments allegedly got stuck there amid increased sanctions from the West on Moscow, according to Bloomberg, meaning creditors did not receive it."
Russia sent the money, the West (US) is blocking the payments.