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Kremlin has no information that US allegedly advised banks not to buy Russian Eurobonds

Earlier on Thursday, the Wall Street Journal reported, citing informed sources, that the US government recommended large US banks to refrain from buying Russian government bonds
Traders at New York Stock Exchange AP Photo/Richard Drew
Traders at New York Stock Exchange
© AP Photo/Richard Drew

MINSK, February 25. /TASS/. No information is available with Kremlin regarding the US authorities allegedly advising their banks not to buy Russian Eurobonds, press secretary to the Russian President Dmitry Peskov said on Thursday.

"We have not seen any information, mass media reports are meant that are not based on any formal statements or decisions," Peskov said. Moscow "cannot say any specific on the basis of such reports," he added.

"We merely do not have such information," Peskov said.

Presidential aide Andrey Belousov earlier told reporters that such a move would not seriously complicate Russia’s entry to foreign loan market.

Earlier on Thursday, the Wall Street Journal reported, citing informed sources, that the US government recommended large US banks to refrain from buying Russian government bonds.

According to the publication, the US banks received this recommendation from the State Department and the US Treasury, in response to Russia’s inquiry about possible participation of the banks in the placement of Russian securities. In particular, the authorities indicated that similar operations would contradict the sanctions policy toward Moscow.

Russia invited such banks as Bank of America, Citigroup, Goldman Sachs, J.P. Morgan and Morgan Stanley to participate in the placement of its bonds, the sources told the Wall Street Journal.