889. Does Directive 1 under Executive order (E.O.) of April 15, 2021 prohibit participation in the secondary market for bonds issued by the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation?
No, Directive 1 under E.O. of April 15, 2021 does not prohibit U.S. financial institutions from participating in the secondary market for bonds issued by these entities.
April 15, 2021