The Bank of Russia, if necessary, is ready to use the tools at its disposal to preserve financial stability in Russia. This is how the Central Bank commented on Washington’s imposition of sanctions on the Russian national debt.
“The Bank of Russia notes that the share of foreign investors in the total volume of government debt and even more so in primary placements has significantly decreased over the past year,” the press service of the regulator says.
As of early April, investments of non-residents in OFZs fell to 19.7% of the total volume in circulation, and their share in primary placements of OFZs in March amounted to about 10%, the Central Bank noted.
Also, the Central Bank assured that they continue to monitor the situation in the financial markets after the imposition of sanctions.
Read the material: Biden warned Putin about new sanctions during the conversation