US announces initial financial sanctions on Russia

The US Treasury building

The US Federal government announced sanctions on Russia’s financial sector, including a ban on secondary market transactions in the country’s sovereign debt, on February 22.

Russian president Vladimir Putin ordered Russian troops into eastern Ukraine on February 21, and has hinted that he may attempt to invade the entire country. In response, US president Joe Biden outlined what he called “a first tranche of sanctions to impose costs on Russia”.

The sanctions include moves against the state

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account