Russia’s National Wealth Fund falls to 3.814 tln rbl in Apr

MOSCOW, May 8 (PRIME) -- The National Wealth Fund, designed to secure Russia’s pension system, fell by 14 billion rubles in April to 3.814 trillion rubles as of May 1 and by U.S. $175 million to $59.963 billion, the Finance Ministry said on Wednesday.

The balances on accounts with the central bank split by currency stood at $15.373 billion, 13.506 billion euros, 2.623 billion British pounds, and 90.8 billion rubles. Deposits with VEB.RF amounted to 583.9 billion rubles. Investment in defaulted Ukrainian bonds amounted to $3 billion.

Investment in securities of Russian companies amounted to 163.63 billion rubles and $4.113 billion, in preferred shares of credit institutions to 279 billion rubles. Deposits placed with VTB Bank and Gazprombank for financing of infrastructure projects on conditions of repayment stood at 138.4 billion rubles.

A combined income from the National Wealth Fund money placed on foreign currency accounts with the central bank from December 15, 2018 through April 30 stood at $202.6 million, or 13.107 billion rubles.

(65.2166 rubles – U.S. $1)

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