Investments by Russian citizens in foreign securities decreased in the context of restrictive measures and freezing access to foreign assets. Information about this press service of the Bank of Russia published on your site.
We are talking about the period from the beginning of January to the end of March 2022. During this time, the volume of shares of foreign issuers in the accounts of Russian traders fell from 920 billion rubles. Up to 890 billion, deposit receipts – from 390 billion to 276 billion rubles.
At the same time, the price of foreign corporate and government bonds in the portfolios of retail investors rose from 1.3 trillion to 1.4 trillion rubles.
On the contrary, in 2021 there was an increase in the volume of investments by private traders in foreign assets, which, according to the Bank of Russia, was affected, among other things, by the launch of trading in the shares of foreign issuers. Moscow Stock Exchange and “St. The rapid development of the St. Petersburg Stock Exchange”.
Since the beginning of March, European depository institutions Euroclear and Clearstream have stopped serving Russian investors through the National Settlement Depot (NSD), which is part of the Moscow Stock Exchange. Because of this, the Russians had a hard time accessing and managing foreign assets.
EU at the beginning of June open NSD was placed on the sanctions list as part of the sixth package.