Finance Ministry: National Wealth Fund rises to 14 tln rbl in July - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Finance Ministry: National Wealth Fund rises to 14 tln rbl in July

MOSCOW, Aug 6 (PRIME) -- The National Wealth Fund, designed to secure Russia’s pension system, increased by 182 billion rubles in July to 13.757 trillion rubles as of August 1, or by U.S. $0.5 billion to $188.1 billion, the Finance Ministry said on Friday.

Balances on accounts with the central bank stood at 8.494 trillion rubles, or 7.4% of gross domestic product (GDP. Money of the fund placed on the other accounts with the central bank amounted to 38.562 billion euros, 4.179 billion British pounds, 600.3 billion Japanese yens, 226.625 billion Chinese yuans, and 532.359 million rubles. Investment in the defaulted Ukrainian bonds amounted to $3 billion.

Investment in securities of the Russian companies amounted to 294.8 billion rubles and $4.113 billion, in the preferred shares of credit institutions to 278.992 billion rubles. The deposits placed with VTB Bank and Gazprombank for financing infrastructure projects on condition of repayment stood at 138.433 billion rubles, 3.442 trillion rubles were invested in the common shares of Sberbank, and 56 billion rubles in the common shares of Aeroflot.

The combined income from the placement of the fund’s money in the financial assets excluding accounts with the central bank amounted to 230.494 billion rubles, or $3.139 billion, in 2021.

(73.1680 rubles – U.S. $1)

End %%md/jst%%

06.08.2021 13:28