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European Banks Restart Trade in Russian Bonds, According to FT

RUSSIA
  • FT reports that European banks including UBS, Barclays and Deutsche Bank have joined Wall Street firms in allowing trade in Russian debt after a greenlight from the US Treasury in July.
  • Follows a similar story from Bloomberg earlier this week, who reported that the likes of JP Morgan and Bank of America are now willing to trade in Russian bonds that had been impacted by sanctions pressure.
  • The piece wrote that many Wall Street banks are now offering to facilitate transactions across both corporate and sovereign debt, according to sources.
  • Full FT piece on that story found here: https://www.ft.com/content/36055334-b89a-4f27-8cc2...

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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