Russia once again avoided a default on its foreign debt as the Kremlin transferred a $447 million bond payment. The payment was processed by JPMorgan, which is Russia’s foreign correspondent bank. It was then transferred to the admin agent, which in this instance is BNY Mellon, sources familiar with the matter told The Post. JPMorgan got the go-ahead from the Biden administration, which imposed sanctions on the Russian economy following President Vladimir Putin’s invasion of Ukraine, before processing the payment, Markets Insider reported. JPMorgan and BNY Mellon both declined to comment when reached by The Post. Holders of Russian bonds...
