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2026-01-20 | 2026-00947

Added 2026-06-25 · Updated 2026-08-16

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 129, 13O, and 132

The Department of the Treasury’s Office of Foreign Assets Control published General Licenses 129, 13O, and 132 to authorize specific transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations. General License 129 authorizes transactions involving Rosneft Deutschland GmbH and RN Refining & Marketing through April 29, 2026, while General License 13O permits certain administrative payments and permits for U.S. persons operating in Russia through January 9, 2026. General License 132, issued on November 21, 2025, is also published in this Federal Register notice to provide further regulatory clarity.

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Office of Foreign Assets Control

TABLE 1 TO PARAGRAPH (e)—SPREADS—Continued Maturity point Second quarter 2025 spreads (percent) Third quarter 2025 spreads (percent) Fourth quarter 2025 spreads (percent) First quarter 2026 spreads (percent) 8.0 .................................................................................................... 0.35 0.36 0.43 0.48 8.5 .................................................................................................... 0.34 0.34 0.41 0.45 9.0 .................................................................................................... 0.34 0.34 0.41 0.45 9.5 .................................................................................................... 0.33 0.33 0.39 0.43 10.0 .................................................................................................. 0.33 0.33 0.39 0.43 10.5 .................................................................................................. 0.32 0.32 0.37 0.40 11.0 .................................................................................................. 0.32 0.32 0.37 0.40 11.5 .................................................................................................. 0.32 0.30 0.34 0.37 12.0 .................................................................................................. 0.32 0.30 0.34 0.37 12.5 .................................................................................................. 0.31 0.28 0.32 0.34 13.0 .................................................................................................. 0.31 0.28 0.32 0.34 13.5 .................................................................................................. 0.30 0.27 0.30 0.31 14.0 .................................................................................................. 0.30 0.27 0.30 0.31 14.5 .................................................................................................. 0.29 0.25 0.27 0.28 15.0 .................................................................................................. 0.29 0.25 0.27 0.28 15.5 .................................................................................................. 0.28 0.24 0.25 0.25 16.0 .................................................................................................. 0.28 0.24 0.25 0.25 16.5 .................................................................................................. 0.27 0.22 0.23 0.22 17.0 .................................................................................................. 0.27 0.22 0.23 0.22 17.5 .................................................................................................. 0.26 0.20 0.20 0.19 18.0 .................................................................................................. 0.26 0.20 0.20 0.19 18.5 .................................................................................................. 0.25 0.19 0.18 0.16 19.0 .................................................................................................. 0.25 0.19 0.18 0.16 19.5 .................................................................................................. 0.24 0.17 0.16 0.13 20.0 .................................................................................................. 0.24 0.17 0.16 0.13 20.5 .................................................................................................. 0.23 0.16 0.14 0.11 21.0 .................................................................................................. 0.23 0.16 0.14 0.11 21.5 .................................................................................................. 0.22 0.14 0.12 0.08 22.0 .................................................................................................. 0.22 0.14 0.12 0.08 22.5 .................................................................................................. 0.22 0.13 0.10 0.06 23.0 .................................................................................................. 0.22 0.13 0.10 0.06 23.5 .................................................................................................. 0.21 0.12 0.08 0.04 24.0 .................................................................................................. 0.21 0.12 0.08 0.04 24.5 .................................................................................................. 0.20 0.11 0.07 0.02 25.0 .................................................................................................. 0.20 0.11 0.07 0.02 25.5 .................................................................................................. 0.20 0.10 0.06 0.00 26.0 .................................................................................................. 0.20 0.10 0.06 0.00 26.5 .................................................................................................. 0.20 0.09 0.05 ¥0.01 27.0 .................................................................................................. 0.20 0.09 0.05 ¥0.01 27.5 .................................................................................................. 0.19 0.09 0.04 ¥0.02 28.0 .................................................................................................. 0.19 0.09 0.04 ¥0.02 28.5 .................................................................................................. 0.19 0.09 0.03 ¥0.03 29.0 .................................................................................................. 0.19 0.09 0.03 ¥0.03 29.5 .................................................................................................. 0.19 0.09 0.03 ¥0.03 30.0 .................................................................................................. 0.19 0.09 0.03 ¥0.03 Joseph Krettek, Assistant General Counsel, Pension Benefit Guaranty Corporation. [FR Doc. 2026–00909 Filed 1–16–26; 8:45 am] BILLING CODE 7709–02–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 587 Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 129 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 129, which was previously made available on OFAC’s website. DATES: GL 129 was issued on October 29, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On October 29, 2025, OFAC issued GL 129 to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. This GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. The text of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 129 Authorizing Transactions Involving Rosneft Deutschland GmbH and RN Refining & Marketing GmbH (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), involving Rosneft Deutschland GmbH (RN Germany) or RN Refining & Marketing GmbH (RN Refining & Marketing), or any entity in which RN Germany or RN Refining & Marketing own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, April 29, 2026. (b) This general license does not authorize any transactions otherwise prohibited by the RuHSR, including transactions involving any person blocked pursuant to the RuHSR, including any other blocked affiliates of Rosneft Oil Company, other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: October 29, 2025. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–00947 Filed 1–16–26; 8:45 am] BILLING CODE 4810–AL–P