Cbank: Non-residents buy 2 bln rbl Russian shares in June

MOSCOW, Jul 10 (PRIME) -- Non-residents and foreign banks’ subsidiaries acquired 2 billion rubles of Russian shares in June, almost the same as in May, the central bank said in a report on Wednesday.

"There were no noticeable dynamics on the secondary exchange market with non-residents and subsidiaries of foreign banks buying 2 billion rubles of shares in June… On the secondary market of corporate bonds… net sales of non-residents and subsidiaries of foreign banks amounted to 4 billion rubles," the document read.

Non-residents and foreign banks’ demand for OFZ government bonds offered at the Finance Ministry's auctions remained high in June at 42 billion rubles, accounting for 39% of the offer. On the secondary market, OFZ bond purchases by foreign market participants hit 53 billion rubles, a record high since 2018 and 30% more than in May.

(63.7660 rubles – U.S. $1)

End