Russia comfortable with 1/4th OFZ bonds being held by foreigners

Russia comfortable with 1/4th OFZ bonds being held by foreigners
Image Credit: Reuters
  • Country:
  • Russian Federation

Russia views the current 25 per cent share of OFZ sovereign bonds held by foreign investors to be a comfortable level and would prefer for it to remain like that, Russian Deputy Finance Minister Sergey Storchak said on Wednesday. Storchak said there could be risks if foreign investors were to hold too large a share of Russia's OFZ sovereign bonds.

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