Following the results of the second stage of settlements for the redemption of blocked foreign securities (BFS), non-residents additionally redeemed assets for 2.54 billion rubles. This was reported by the organizer of the asset exchange, the Investment Chamber , TASS reports .
As a result of the first exchange, which ended on August 13, 2024, the MBS were bought out for 8.1 billion rubles. In total, blocked assets for 10.64 billion rubles were bought out in two stages.
The Investchalat is also considering a new buyout of foreign securities. This would require obtaining new permission from the government commission for control over the implementation of foreign investment in Russia.
On November 8, 2023, Russian President Vladimir Putin signed a decree according to which foreign securities of Russians frozen in the accounts of the National Settlement Depository (NSD) in the European depositories Euroclear and Clearstream will be exchanged for assets of foreigners blocked in the Russian Federation , stored in special type “C” accounts, after which Russians will be able to receive compensation for the value of frozen assets in rubles.
Earlier it became known why foreigners continue to invest in Russian companies.