the ruble/dollar trading band would expand from 5.3–7.1 RUB/USD to 6.0–9.5 RUB/USD; Russia's ruble-denominated debt would be restructured in a manner to be announced at a later date; and, to prevent mass Russian bank default, a temporary 90-day moratorium would be imposed on the payment of some bank obligations, including certain debts and forward currency contracts.[1]