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Bank of Russia: the amount of blocked foreign securities in the NSD amounted to 6 trillion rubles

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Moscow Agency / Andrey Nikerichev
Moscow Agency / Andrey Nikerichev

The equivalent of foreign securities blocked in the National Settlement Depository (NSD) is 6 trillion rubles, said Vladimir Chistyukhin, First Deputy Chairman of the Central Bank of the Russian Federation.

Access to these securities can be obtained through their consolidation, he said on the sidelines of SPIEF-2022.

“Such a proposal was made by the Russian Union of Industrialists and Entrepreneurs, and, in my opinion, it is not without meaning. It’s just important here that a major player appear who would try to do something with these assets, such a major party for negotiations,” the regulator’s representative explained.

Chistyukhin also noted that this player should not be a sanctioned person, because “no one will talk to those who fell under the sanctions.”

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