The Central Bank will make concessions in the case of us sanctions on debt

© RIA Novosti / Natalia to Seliverstova in fotobanka the building of the Central Bank of the Russian Federation. Archival photoThe Central Bank will make concessions in the case of us sanctions on debt© RIA Novosti / Natalia to Seliverstova the image Bank

U.S. sanctions against Russian government debt will cause increased volatility, in this case, the Bank of Russia will be ready to make concessions to financial institutions, said at a press conference the Chairman of the Central Bank Elvira Nabiullina.

«Of course, if such decisions are imposed (sanctions for debt of the Russian Federation from the USA — ed.) will be increased volatility before rate stabiliziruemost on some level,» she said.

«If that will happen, we, by the way, too, if need be, can enter breaks for our financial institutions so that they are easier to adapt to the change in the price of our OFZs, as we did in 2014, or give an opportunity to transfer from trading portfolio to portfolio for the repayment of these securities», — she added.

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