The ban on purchasing Russia’s sovereign debt by US investors introduced by Washington earlier this year came into force on Monday. In April, US President Joe Biden signed an executive order authorizing the imposition of yet more restrictions. The move signaled a further expansion of Washington’s existing sanctions policy on Moscow, which is aimed at cutting off Russia from the global financial markets. The new restrictions bar American investors from directly acquiring Russian debt liabilities that would be issued by the Central Bank of Russia, the National Wealth Fund, or the Finance Ministry from June 14.
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