Investments of non-residents in OFZ reached the lowest level since 2017 – Kommersant

The volume of investments of non-residents in federal loan bonds for the month (from May to June) decreased by 8 billion rubles. (0.5%), amounting to 1.732 trillion rubles. This is the minimum since March 2017 (1.609 trillion rubles). The share of non-residents decreased to 9.1% from 9.3%, the minimum since August 2012. Such information is presented in the latest report of the Central Bank (.xlsx).

In general, the volume of the OFZ market in May increased by 252 billion rubles, amounting to 18.945 trillion rubles. (1.3% more than last month), follows from the data of the regulator.

The share of non-residents in federal loan bonds has continued to decline since the spring of 2023. In March, the share of non-residents decreased to 9.7% from 9.9%. In 2022, non-residents reduced the volume of investments in OFZ by 35.8% (by 1.104 trillion rubles). How reported Reuters in January 2023, non-residents sold OFZs at prices 25–70% below nominal.

Polina Motyzlevskaya