US Sanctions Affecting Russian Debt Have Not Led To Mass OFZ Sales By Non-residents - CBR

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US Sanctions Affecting Russian Debt Have Not Led to Mass OFZ Sales by Non-residents - CBR

US sanctions affecting Russia's state debt have not led to significant sales of federal loan bonds (OFZ) by non-residents, the Central Bank of Russia (CBR) said in a review of financial market risks

MOSCOW (UrduPoint News / Sputnik - 09th September, 2019) US sanctions affecting Russia's state debt have not led to significant sales of federal loan bonds (OFZ) by non-residents, the Central Bank of Russia (CBR) said in a review of financial market risks.

"The sanctions have not led to significant OFZ sales by non-residents... in August the volume of non-residents' investments decreased by only 18 billion rubles," the CBR said.

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