UK to ban sale of Russian government bonds in London

Britain intends to limit Russia’s ability to sell sovereign debt in London.

Britain has made it very clear that it intends to restrict Russia’s access to British (financial – ed.) markets and deprive the Russian leadership of the ability to place Russian sovereign debt in Britain, British Foreign Secretary Liz Truss said.

Tougher sanctions against the “elites” of Russia’s most important organizations and tougher restrictions on Russia’s access to financial marketsif Russia launches a full-scale invasion of Ukraine, Truss said.

At the same time, Britain must change domestic legislation to introduce new sanctions against Russia.

ttn-20