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Russian Reserve, National Wealth Funds can be used for investments into BRICS eurobonds

September 19, 2014, 12:48 UTC+3
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SOCHI, September 19. /ITAR-TASS/. The Russian Finance Ministry considers a possibility to use the country’s Reserve and National Wealth Funds for investments into eurobonds issued by Russia’s BRICS partners, Finance Minister Anton Siluanov said on Friday.

“We believe that investment declarations may be expanded by investing the Reserve and National Wealth Funds into secure and more high-yielding assets,” Siluanov said in an interview with ITAR-TASS.

“The idea is to invest in eurobonds of our partners in BRICS which have higher yield and are also reliable,” the minister said.

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