Russian non-state pension funds will be able to invest into bonds of the Eurasian Development Bank
Russian non-state pension funds will be able to invest into bonds of the Eurasian Development Bank. Previously, only those bonds which were issued by the European Bank for Reconstruction and Development were in the list of securities by international financial organizations, which can make pension reserves of pension savings funds of Russia. The Federal Financial Markets Service registered four issues of 7-year bonds by EDB to the amount of 5 billion rubles each at the beginning of October. The placement of securities on the Moscow Central Stock Exchange is projected for the 5th of November. The Eurasian Development Bank hasn’t issued bonds in the Russian market before. This international finance organization has placed the first tranche of bonds worth 15 billion tenge at the end of this April and the second one worth 5 billion tenge at the beginning of July in Kazakhstan.
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