; and (2) exercise all powers granted to the President by the International Emergency Economic Powers Act ( 50 U.S.C. 1701 13 et seq.) to the extent necessary to block and prohibit all transactions in all property and interests in property of one or more of the financial institutions listed in subsection (c) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. (b) Russian sovereign debt defined For purposes of this section, the term Russian sovereign debt means— (1) bonds issued by the Russian Central Bank, the Russian National Wealth Fund, the Russian Federal Treasury, or agents or affiliates of any such institution, with a maturity of more than 14 days; (2) new foreign exchange swap agreements with the Russian Central Bank, the Russian National Wealth Fund, or the Russian Federal Treasury, the duration of which agreement is longer than 14 days; and (3) any other financial instrument, the duration or maturity of which is more than 14 days, that— (A) the President determines represents the sovereign debt of Russia; or (B) is issued by a bank listed in subsection (c) . (c) Russian financial institutions The financial institutions listed in this subsection are the following: (1) Sberbank. (2) VTB Bank. (3) Gazprombank. (4) Bank of Moscow. (5) Rosselkhozbank. (6) Promsvyazbank. (7) Vnesheconombank. (d) Requirement To promptly publish guidance The President shall concurrently publish guidance on the implementation of the regulations issued pursuant to subsection (a) . 6. Implementation; penalties