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In 1918, the Soviet revolutionary government repudiated the Tsarist regime's sovereign debt, triggering one of the biggest sovereign defaults ever. Yet the price of Russian bonds remained high for years. Combing French archival records, Kim Oosterlinck shows that, far from irrational, investors had legitimate reasons to hope for repayment.

Debts, External --- Debts, Public --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- International finance --- Investments, Foreign --- Dettes publiques --- History --- Histoire --- Soviet Union --- France --- URSS --- Foreign economic relations --- Relations économiques extérieures --- 1900-1999 --- France. --- Soviet Union. --- Relations extérieures --- Francie occidentale --- Gaule --- Royaume des Francs --- France (centre) --- France (est) --- France (nord) --- France (ouest) --- France (sud) --- Pays de l'Union européenne --- Soiouz Sovetskikh sotsialistitcheskikh respoublik --- Sojuz Sovetskih Socialističeskih Respublik --- SSSR --- Union des républiques socialistes soviétiques --- Union soviétique --- Ex-URSS --- Pays de la CEI --- Russie --- Asie --- Europe --- Ber. ha-M. --- Berit ha-Moʻatsot --- ESSD --- FSSR --- Ittiḥād al-Sūfiyīt --- Ittiḥād-i Jamāhīr-i Ishtirākīyah-i Shūrāʼīyah --- Ittiḥād-i Shūrav --- KhSHM --- PSRS --- Rusiyah --- Rusland --- Russia --- Russland --- Rusyah --- Sahaphāp Sōwīat --- Shūrav --- SNTL --- Sobhieṭ Ẏuniẏana --- Soi͡uz Radi͡ansʹkykh Sot͡sialistychnykh Respublik --- Soi͡uz Sovetskikh Sot͡sialisticheskikh Respublik --- Soi͡uz SSR --- Soṿet-Rusland --- Sovetakan Sotsʻialistakan Hanrapetutʻyunneri Miutʻyun --- Sovetakan Sotsʻialistakan Ṛespublikaneri Miutʻyun --- Sovetskiĭ Soi͡uz --- Sovetskiy Soyuz --- Soviyat Yūniyan --- Soyuz SSR --- SRSR --- SSHM --- SSR Kavširi --- SSṚM --- Su-lien --- Szovjetuni --- Tarybų Socialistinių Respublikų Sąjunga --- TSRS --- UdSSR --- Uni Soviet --- Uni Sovjet --- Unión de Repúblicas Socialistas Soviéticas --- Union of Soviet Socialist Republics --- Union soviétique --- Unione Sovietica --- USSR --- Zȯvlȯlt Kholboot Uls --- ZSRR --- ZSRS --- Związek Radziecki --- Związek Socjalistycznych Republik Radzieckich --- Związek Socjalistycznych Republik Sowieckich --- Bro-C'hall --- Fa-kuo --- Fa-lan-hsi --- Faguo --- Falanxi --- Falanxi Gongheguo --- Farans --- Farānsah --- França --- Francia (Republic) --- Francija --- Francja --- Francland --- Francuska --- Franis --- Franḳraykh --- Frankreich --- Frankrig --- Frankrijk --- Frankrike --- Frankryk --- Fransa --- Fransa Respublikası --- Franse --- Franse Republiek --- Frant͡ --- Frant͡s Uls --- Frant͡sii͡ --- Frantsuzskai͡a Rėspublika --- Frantsyi͡ --- Franza --- French Republic --- Frencisc Cynewīse --- Frenska republika --- Furansu --- Furansu Kyōwakoku --- Gallia --- Gallia (Republic) --- Gallikē Dēmokratia --- Hyãsia --- Parancis --- Peurancih --- Phransiya --- Pransiya --- Pransya --- Prantsusmaa --- Pʻŭrangs --- Ranska --- República Francesa --- Republica Franzesa --- Republika Francuska --- Republiḳah ha-Tsarfatit --- Republikang Pranses --- République française --- Tsarfat --- Tsorfat --- Faransā --- Frant︠s︡ --- Frant︠s︡ Uls --- Frant︠s︡ii︠a︡ --- Frantsuzskai︠a︡ Rėspublika --- Frantsyi︠a︡ --- Pʻŭrangsŭ --- Γαλλική Δημοκρατία --- Γαλλία --- Франц --- Франц Улс --- Французская Рэспубліка --- Францыя --- Франция --- Френска република --- פראנקרייך --- צרפת --- רפובליקה הצרפתית --- فرانسه --- فرنسا --- フランス --- フランス共和国 --- 法国 --- 法蘭西 --- 法蘭西共和國 --- 프랑스 --- France (Provisional government, 1944-1946) --- Советский Союз --- Szovjetunió --- Soi︠u︡z Radi︠a︡nsʹkykh Sot︠s︡ialistychnykh Respublik --- Soi︠u︡z Sovetskikh Sot︠s︡ialisticheskikh Respublik --- Shūravī --- Russia (1923- U.S.S.R.) --- Sovetskiĭ Soi︠u︡z --- Soi︠u︡z SSR --- Ittiḥād al-Sūfiyītī --- Ittiḥād-i Shūravī --- Russian S.F.S.R. --- Territoires et possessions --- Conditions sociales --- Conditions économiques --- Divisions politiques et administratives --- Civilisation --- Moeurs et coutumes --- Politique et gouvernement --- Relations extérieures --- Vie intellectuelle