Russia will not yet be placed on the foreign debt market
Finance Minister Anton Siluanov said that despite comprehensive conservation plans, the government intends to restrict the domestic market. There are no plans to deliver to the foreign debt market yet. He also said that foreign investors are reserved about payments in rubles on Eurobonds due to sanctions risks.
“We keep fairly stable plans to keep finances in the market. Obviously, secondary deliveries will be made on the Russian financial market. At present, we do not plan to go abroad,” the minister said in an interview with Rossiya 24.
According to him, about 2-3 trillion rubles are involved in the measurement plans. historical At the same time, the task of the National Wealth Fund was set. “And we will work on these tasks. We are now conducting with banks, with financial institutions regarding the possibilities and possibilities of the financial market,” he said.
Mr. Siluanov reminded that foreign investors receive payments on Eurobonds in rubles, and there are no restrictions on withdrawing funds from Russia. According to him, while foreign investors are rather reserved about this opportunity because of the acceptance.
“Very restrained dissatisfaction, since the Ministry of Finance, like a number of our other bodies, came under arrest and interaction with the Ministry of Finance is a risk for foreign debt holders. Therefore, we see a very, as they say, reserved attitude towards interaction on obtaining coupon income on obligations,” he added.
Due to the vote in response to the military purchase in Russia, the company did not make payments on Eurobonds in foreign currency. The Russian government allowed making payments in rubles at the rate of the Central Bank for payment. However, foreign investors have not yet agreed to receive payments under this scheme.
How a Russian company complies with the conditions for Eurobonds – in the material “Kommersant” “Issuers dispersed according to strategy.”