Experts consider the idea of ​​using special bonds when settling with exiting companies feasible

The Bank of Russia is ready to consider in detail the proposal of the deputies to pay off the departing foreign companies instead of currency with special bonds tied to frozen reserves. This may become one of the measures to protect Russian assets, said Elvira Nabiullina, chairman of the Central Bank (CB), during a report to the State Duma.

Deputy Vladimir Koshelev (LDPR) took the initiative at the meeting. We are talking about the issue of special ruble perpetual bonds of the Bank of Russia, intended for crediting funds from the sale of assets of foreign investors within the country in rubles, Koshelev explained to Vedomosti. At the same time, it is proposed to prohibit the possibility of their conversion into foreign currency until the moment when Russian assets abroad are unfrozen. According to the deputy, the bonds could be freely circulated on the domestic market, and the proceeds from their sale could be used for investments within the country. “At the moment when Russian assets are unfrozen, we propose to legally allow the gradual redemption of special bonds,” he added.