Min: New US sanctions to hit foreign investors in Russia debt - 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

Min: New US sanctions to hit foreign investors in Russia debt

MOSCOW, Jan 16 (PRIME) Foreign investors will be the first to suffer from possible new U.S. sanctions against Russias sovereign debt, Finance Minister Anton Siluanov said on Tuesday.

If such sanctions are introduced, foreign investors, who like to invest in Russian bonds to have a stable, reliable, guaranteed high income will be the first to suffer, he said in an interview with television channel Rossiya 24.

If such restrictions are imposed, we will offer the bonds to domestic investors using our Russian infrastructure, and take care not to raise budget misbalanceandborrow as little as possible.

In August, U.S. President Donald Trump signed a bill introducing additional sanctions against Russia, which envisaged that the Congress was to meet within 180 days to discuss restrictions against the countrys sovereign debt.

Siluanov also said that foreigners interest to investment in Russian bonds is responsible for a high rate of the ruble.

Investor interest, including interest from foreign investors, to Russian securities was significant at the latest auctions That is why we will make every effort to keep the rublestable and to replenish our reserves.

Siluanov also said that high oil prices will allow the ministry to add around 3% of GDP to the countrys reserves in 2018.

End

16.01.2018 13:10
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.0737 -0.0189 14 nov
USD 67.6812 +0.1574 14 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1100.05 -1.32 18:50 13 nov
micex 2374.94 -0.79 18:50 13 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 148.83 -1.37 18:49 13 nov
lkoh 4959.50 -3.30 18:49 13 nov
rosn 443.60 -4.29 18:49 13 nov
sber 196.56 -0.13 18:49 13 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.2025 -0.0525 14:59 13 nov
USDTD 67.6950 +0.2650 17:44 13 nov