The US state Department has issued clarifications to the new package of anti-Russian sanctions, which was approved by the President of the United States Donald trump in the second round of measures “case Skrypalia” reports

From August 19 American banks will be allowed to participate in the primary placement of government bonds of the Russian Federation in foreign currency and “to lend to the government of the Russian Federation” in any currency other than rubles.

In addition, the United States “to prevent the allocation of credits and any financial and technical assistance” by international financial organizations such as IMF and the world Bank, said in a release on the website of the state Department.

Thirdly, it introduces additional restrictions on the importation into Russia of technologies and dual-use materials that can be used to produce chemical weapons.

Sanctions are imposed in accordance with the Act on the prohibition of chemical weapons 1991, emphasizes the Department of state: this act requires the White house to impose restrictions on countries found to be using banned substances.

The first round of sanctions for poisoning in Salisbury of ex-GRU Colonel Sergei Skripal and his daughter Julia, which, according to the investigation, was used neuroparalitical novichok agent, entered into force in August last year, after which Russia was given three months to open for isnpection their chemical facilities and to provide guarantees of neispolnenie of chemical weapons against the civilian population in the future.

Russia refused. Act in Salisbury “endangered thousands of lives, led to the hospitalization of Skrobala officer in the British police and two other British citizens, one of whom subsequently died,” stresses the state Department.

Sanctions do not affect the market for ruble-denominated Federal bonds: American investors will still be able to buy securities as at auctions and in the market.

They also do not affect the secondary Eurobond market, and the ban affects only auctions.

As for placements of securities in any currency other than dollars, in this case, U.S. banks likely will be able to continue to participate in the auctions through non-U.S. banks, brokers, says ex-trader of large Western Bank.

Will the Finance Ministry to enter the market with new securities in us dollars – remains in question as dollar correspondent accounts are in US banks, and without them to carry out placement in U.S. currency is impossible, he says.

In the tough scenario, the Finance Ministry may have to completely abandon the dollar-denominated loans.

“The market reaction could be the expansion of spreads in the segment of Russian Eurobonds,” says chief investment officer “of Loko-invest” Cyril Tremasov.

“Upon closer examination the impression that this package is adopted “for show”, – says the President of IG “Moscow partners” Eugene Kogan.

Nevertheless, he notes, should not be underestimated that “the fact of tightening sanctions makes Russia even more toxic in the eyes of the world community and global business.”

The problem is that eventually the restrictions can be tougher formal because of the position of banks, said an employee of a major steel company: “In practice, banks blow into the water, if there is the slightest uncertainty, and even if not formally prohibited. Compliance decided to follow the rules and everything.”

Recall, Senator Konstantin Kosachev said the real reason the new anti-Russian sanctions.