Bloomberg: two largest US banks have suspended operations on Russia's public debt

This is reported by Bloomberg, citing sources.

“In accordance with updated U.S. Treasury Department Office of Foreign Assets Control (OFAC) guidance and Goldman Sachs’ winddown of Russia-related activities, the firm will no longer conduct certain market-generating activities with Russian entities,” one of the sources said in a statement. banks.

On May 24, the US Treasury received information about the refusal to renew the license for investors to receive payments on the public debt of the Russian Federation.

The Russian Ministry of Finance has already announced that this will not interfere with the payment of the country's debt obligations.

Russian Finance Minister Anton Siluanov said that the Russian side is preparing a mechanism for the June payment of the external debt, allowing payments in rubles.

Political scientist Alexander Markin, in an interview with the FBA "Economy Today" commented on the situation with Russia's public debt.