The sale of Russian bonds through the Clearing House of London may be prohibited. This proposal, which will soon be considered by British Prime Minister Teresa May, was voiced by the Chairman of the Foreign Affairs Committee Tom Tugendhat. He is sure that European laws, including the British ones, are so loyal that, from their submission, Russian banks, primarily VTB, who were sanctioned, may be initiators of the issue of Russian bonds. By the way, in recent days, the official has called for three times to eliminate such loopholes in the legislation. "Russia can borrow in the capital markets of the EU and the US, despite Western sanctions, and then [to receive funds] to support Kremlin-related banks and energy companies that [are under sanctions and] can not do this on their own," Tugendhata said. British newspaper The Guardian. His idea was immediately picked up by the head of the British Foreign Ministry Boris Johnson. He called the proposal to cut off the access of Russian Eurobonds to key Western clearing companies, including Euroclear and Clearstream.

This scheme, according to Tugendheta, will not only block the resale of Russian securities on the secondary market, but also alienate foreign investors from buying them. Let us recall that earlier the RF Ministry of Finance placed Eurobonds (securities admitted for a long period) under the names "Russia-2029" and "Russia-2047" for $ 4 billion. Meanwhile, demand for them almost twice exceeded this volume. The largest part was bought by British investors. They also purchased half of the additional 29-year issue.