Russian banks are in no rush to support the government debt market, which foreign investors have recently fled. The largest and systematically most significant banks and other participants in the banking system have been dumping Federal Loan Bonds (OFZs) alongside non-residents, according to a statistic published by the Central Bank of Russia on Wednesday.

Foreign investors disposed of 370 billion rubles worth of Russian government debt notes after the US placed sanctions on the aluminum …

According to RIA Novosti, thanks to the demand of domestic investors, state borrowing program will be fully implemented, the Finance Ministry announced, noting that the previous initiatives of the senators to impose sanctions against the Russian state debt “did not proceed”.

The department is cautious about the plan of American congressmen to introduce the most severe sanctions. “This news is definitely painful for foreign holders of the OFZ bonds. At the same time, the previous initiatives of …

The US has decided to help the Russian government attain “victory over the dollar”, a goal proclaimed by Russian President Vladimir Putin in May, finanz.ru writes.

The bill to expand the sanctions (“Defending American Security from Kremlin Aggression Act of 2018”), put forward by a group of senators from both parties of US Congress, in addition to prohibiting investments in Russian government debt and demanding the return of Crimea to Ukraine, proposes to recognize Russia as a state sponsoring …