Sanctions against Russia's state debt are premature to be introduced. This was announced the day before by the head of the US Treasury Steven Mnuchin. He explained this decision by maintaining the position of his department, which is of the opinion that anti-Russian sanctions should not restrict US investors in their investments in the sovereign debt of other countries, Bloomberg reports.. To answer the question whether the US plans to further expand sanctions against Russia, the head of the Ministry of Finance refused. Recall that earlier the US Congress proposed to extend sanctions to the public debt, which is able to bleed the Russian financial system for a long time. The bill, developed by Congressmen, requires a complete ban on American individuals and legal entities for any transactions with Russian public debt. Under the ban, if the law is adopted, there may be debt securities issued by the Ministry of Finance of Russia, the Central Bank or on behalf of the National Welfare Fund, which have a circulation period of more than 14 days. In addition to all the restrictions may affect bond issues of seven state-owned banks, whose debt obligations are equated to sovereign debt. The penalty seven included: Sberbank, VTB, Gazprombank, Bank of Moscow, Rosselkhozbank, Promsvyazbank and VEB. The introduction of restrictions on work with the Russian national debt is one of the most powerful blows on the Russian economy today, the un-spilled sources of foreign exchange financing. During the period of high interest rates in the Russian Federation, the market for attracting speculative Western capitals into Russian bonds began to measure tens of billions of dollars. The uninterrupted flow of these funds through the so-called kerry-trade has become the main factor that has recently ensured the stability of the ruble. All this means that the ban on US investors from dealing with Russian debt would have caused a shock to the Russian economy and financial system that is incommensurable compared to what happened under the empire of Oleg Deripaska. This is confirmed by the events of the last days, when investors voluntarily dumped Russian bonds. "Foreigners merge bonds and go into dollars, so to speak, in advance. Still no law has been passed, and they have already, "explained the Vice-President of the Golden Mint House Alexei Vyazovsky. "After all, when they accept, it will be too late". It is obvious that the statement by Munchina that the US Treasury is not interested in restricting the work of US investors with Russian bonds has caught everyone unawares. But why did the position of the American side change so quickly? In fact, there have not been any significant changes in the American position. Congress can talk and demand anything. The Ministry of Finance, however, must carefully examine all possible consequences of its own steps. Obviously, the US financial department really decided that a sharp one-stage ban would hit first of all on US investors themselves. And this despite the fact that there are other ways to punish the "untied Russians".

Seeing the rush demand for Russian OFZs in the Finance Ministry decided to influence Russians not so much by the most effective but ambiguous measure as by the threat of its use. In fact, the US Ministry of Finance is hanging over Russia a sword of Damocles banning the work of its investors with the Russian national debt. "I see more that this is a sword of Damocles, which will hang over Putin and Co," Vyazovsky said.. Obviously, in this particular case, the American side is betting not on a hard, heavy, but simultaneous punishment, but on endless torture by threats of a blow against Russia's external debt.