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UK says could look to block Russia issuing sovereign debt in London

Economy32 minutes ago (Feb 22, 2022 14:30)

© Reuters.

LONDON (Reuters) – Britain will introduce legislation to prevent Russia from issuing sovereign debt on London’s markets if it does not de-escalate tension in Ukraine, the foreign office said in a statement setting out possible future sanctions.

“Should Russia not de-escalate, the UK will shortly introduce legislation which will, amongst other steps, prevent Russia from issuing sovereign debt on UK markets,” the statement said.

UK says could look to block Russia issuing sovereign debt in London

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