Cbank: Foreign investors buy 249 bln rbl of Russian bonds Jan–Mar

MOSCOW, Apr 1 (PRIME) -- Foreign investors bought 249 billion rubles of Russian state bonds in January–March 2019, the central bank said in a report on Monday.

“A significant part of the inflow of foreign capital was targeted at the state bond market. In January, February and March, foreign investors bought securities worth 64 billion rubles, 88 billion rubles and 97 billion rubles respectively,” the central bank said.

According to the central bank, the news of possible toughening of the anti-Russia sanctions reduced investor interest in mid-February for a while but did not cause a significant outflow of funds. A decision by the Finance Ministry to remove the OFZ bond auction limits also increased demand.

(64.7347 rubles – U.S. $1)

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