Posted 14 марта 2023,, 10:41

Published 14 марта 2023,, 10:41

Modified 14 марта 2023,, 11:38

Updated 14 марта 2023,, 11:38

The Ministry of Finance proposed to issue "patriotic" government bonds

The Ministry of Finance proposed to issue "patriotic" government bonds

14 марта 2023, 10:41
At the end of February, the Ministry of Finance sent proposals to the government to issue thematic, including "patriotic" bonds.

This is reported by Interfax with reference to a source familiar with this project.

The issue of a new type of bonds is being discussed as part of a plan to develop mechanisms and instruments in the country's financial market to ensure sovereignty. The government will issue such papers. They will be distributed through banks and financial platforms.

The Ministry of Finance did not comment on the proposed changes to the publication. The department did not answer the question about the potential volumes of such placements.

Now the state can attract funds from Russians with the help of federal loan bonds. The funds that the state receives with the help of this tool are insignificant, the publication notes. The department itself notes that it was launched not to increase budget borrowing, but in general to increase the financial literacy of the country's residents and attract them to financial markets. federal loan bonds are available to individuals in credit institutions.

In March last year, the placement of federal loan bonds was suspended, as the terms of borrowing became uninteresting to depositors. The Ministry of Finance stated that the objectives of issuing these bonds have been achieved. There are no plans to resume the operation of this tool in the future.