Russian government OKs investing 50% of rainy-day fund in OFZ bonds
MOSCOW – The Russian government approved investing up to a half of its rainy-day National Wealth Fund (NWF) in Russian state bonds, a decree showed …
rainy-day
Russia to cover budget deficit with rainy-day fund in 2022, Finance Minister says
(Reuters) – Russia’s National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen …
Putin signs law on using rainy-day fund to buy OFZ bonds, stocks – RIA
– Russia’s President Vladimir Putin has signed a law on using the country’s rainy-day National Wealth Fund to buy OFZ government bonds and stocks, the …
Russia to spend up to $10 billion from rainy-day fund on buying Russian shares, source says
– The Russian government has ordered the finance ministry to channel up to 1 trillion roubles ($10.3 billion) from the National Wealth Fund to buy …
Russia to tap rainy-day fund as sanctions hit borrowing abilities
By Darya Korsunskaya and Andrey Ostroukh MOSCOW – Russia will use money from its rainy-day fund this year to replace shortfalls caused by a forced …