According to the sanctions package announced on April 15, after June 14, 2021, US financial institutions banned the purchase of ruble or non-ruble bonds issued by the Russian Central Bank, Russian National Wealth Fund and the Russian Ministry of Finance.
US financial institutions were also banned from making ruble or non-ruble loans to the Russian Central Bank, Russian National Wealth Fund and the Russian Ministry of Finance.
These sanctions represent the expansion of restrictions that came into force in August 2019, which imposes significant bans on transactions involving Russian government debt.
On the 15th of April, the US administration announced new sanctions against Moscow, alleging that Russia interfered in the US presidential election.
Accordingly, in addition to the expulsion of 10 Russian diplomats, various institutions and organizations were added to the sanctions list, and restrictions were imposed on Russia‘s state debt.
This was the first such far-reaching sanctions imposed by the administration of US President Joe Biden. US National Security Advisor Jake Sullivan said in late February that “The response to Russia for last year’s Solar Winds hack will consist of a mix of seen and unseen tools.”
