US financial institutions forbidden to buy Russian bonds – Union

This ban does not apply to secondary market / reuters

US financial institutions are banned to buy Russian bonds issued after June 14, 2021.

This was announced by the Treasury US Department Website.

“The following measures of a US financial institution have been banned until June 14, 2021, if not approved by law or foreign assets office is not approved by the Office of the Foreign Assets: The Finance Ministry of Finance and (2) of the Russian Federation, the Russian Federation of the Russian Federation, the Finance Ministry of the Russian Federation or the Ministry of Finance of the Russian Federation, said.

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Tirective 1 was issued under the administrative orders of April 15, 2021, preventing assets on foreign activities of the Russian Federation’s particular harmful foreign activities.

This action does not apply to the secondary market.

The term “US financial institution” is that any US company (including its foreign branches) accepts, produces, supply, replace, hold or sell other extensions or foreign exchange of loans or sells, securities and options, or buyers and sellers Purchase, as primary or agent. This period includes deposits, banks, savings banks, trust companies, bond brokers and distributors, future and options brokers and distributors, forex and forex traders, securities and goods transactions, destruction companies, investment companies, employee benefit programs and the United States Holding companies, American subsidiaries or American subsidiaries are above. The word includes branches, offices and agencies of foreign financial institutions located in the United States, but such companies are not foreign branches, offices or agencies.

• American-Russia

• Earlier, the US accused Russia of trying to undermine democratic elections in the United States and its relevant countries, and the transnational corruption in the United States and its relevant countries in the United States and its relevant countries.
• The Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation (NWF) and the Russian Ministry of Finance in consultation with the state department, decided to execute the Foreign Property Control Office, “The Federation has decided” political sub -sects, agents or tools of the government of the Russian Federation. “
• At the beginning of June, Russian Finance Minister Anton Chiluanov said Russia would abandon the US dollar in the NWF structure within a month. Now its share is 35%, or about $ 39.84 billion.