The Ministry of Finance declares that the volume of the National Wealth Fund of Russia (NWF) for February 2022 decreased in rubles by 675.16 billion – to 12.935 trillion rubles, in dollars – by 20 billion, to 154.82 billion dollars
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“As of March 1, 2022, the volume of the NWF amounted to 12,935,108.51 million rubles, or 9.7% of GDP projected for 2022, which is equivalent to 154,821.6 million US dollars,” it says in a statement.
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At the same time, the volume of liquid assets of the fund (funds in bank accounts with the Central Bank) amounted to 9.738 trillion rubles, or 7.3% of GDP, projected for 2022. As of February 1, the volume of the National Welfare Fund amounted to 13.61 trillion rubles, in dollar terms – 174.9 billion dollars.
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As of March 1, 38.562 billion euros, 4.179 billion pounds sterling, 600.3 billion Japanese yen, 226.777 billion Chinese yuan, 142 billion rubles, 405.708 tons of gold in impersonal form were placed on separate accounts for the accounting of funds of the National Wealth Fund in the Bank of Russia. 530.37 billion rubles were placed on deposits with VEB. In addition, $3 billion is placed in Ukraine’s bonds, on which the country has defaulted.
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294.846 billion rubles and 2.363 billion dollars were placed in securities of Russian issuers related to the implementation of self-sustaining infrastructure projects, and 278.992 billion rubles in preferred shares of credit institutions. 138.434 billion rubles were placed on subordinated deposits with VTB and Gazprombank to finance self-sustaining infrastructure projects. Another 1.475 trillion rubles was invested in ordinary shares of Sberbank, and 30.7 billion rubles – in ordinary shares of Aeroflot.
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“The total income from the placement of the fund’s funds in permitted financial assets, excluding funds on accounts with the Bank of Russia, in 2022 amounted to 3,680.4 million rubles, which is equivalent to 46.9 million US dollars,” the statement says. .
