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Banks Offer to Facilitate Russian Bond Trades, Reuters Reports

Major Wall Street banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc. are offering to facilitate trades in Russian corporate debt and government bonds, according to Reuters.

The move took place in recent days after guidelines from the US Treasury that allowed US holders to wind down their positions, the news agency said, citing client notes, other communications from six banks as well as interviews.  

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