Official says Russian risk-free OFZ bonds offer good yield
MOSCOW, Jan 29 (PRIME) -- Russian OFZ bonds enjoy a high demand thanks to the lack of risks and an unequalled yield, Deputy Finance Minister Sergei Storchak told reporters on Monday.
УThere are no risk-free assets with a good yield anywhere in the world. Investors now buy bonds of African states, many of them have just hit the market, crazy coupons are offered. We offer a good yield, I think that the assets are risk free,Ф Storchak said.
In August 2017, 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 countryТs debt. A decision is to be released on Monday.