7 Mar 2024 13:47

Russia's National Wealth Fund up 336.3 bln rubles to 12.259 trln rubles in Feb, liquid part now 2.8% of GDP

MOSCOW. March 7 (Interfax) - Russia's National Wealth Fund totaled 12.259 trillion rubles or the equivalent of $133.436 billion and 6.8% of projected 2024 GDP as of March 1, the Finance Ministry said.

The fund totaled 11.922 trillion rubles or the equivalent of $133.526 billion, and 6.6% of GDP on February 1, so it increased by 336.29 billion rubles in February.

The fund's liquid assets as of March 1 were 5.045 trillion rubles or $54.911 billion and 2.8% of projected GDP in 2024, compared with 4.907 trillion rubles or $54.958 billion and 2.7% of GDP a month earlier and 5.012 trillion rubles or $55.88 billion and 3.3% of GDP in January 1.

NWF accounts also held 227.517 billion yuan, 358 tonnes of unallocated gold and 1.24 billion rubles.

Deposits, including a subordinated deposit with VEB.RF, held 658.287 billion rubles and a subordinated deposit with Gazprombank held 38.434 billion rubles. A total of $3 billion had been invested in Ukrainian Eurobonds.

In addition, NWF money was invested in ordinary shares of Sberbank - 3.303 trillion rubles, VTB - 136.845 billion rubles, Aeroflot - 90.843 billion rubles, DOM.RF - 137 billion rubles, State Transport Leasing Company - 58.334 billion rubles; in preferred shares of Russian Railways - 722.141 billion rubles, JSC Atomenergoprom - 57.5 billion rubles, VTB - 214.038 billion rubles, Gazprombank - 89.954 billion rubles, Russian Agricultural Bank - 25 billion rubles; in bonds of NLK-Finance LLC - 294.994 billion rubles, VK LLC - 60 billion rubles, Russian Highways Group - 445.812 billion rubles, Aviacapital-Service - 175.389 billion rubles, Territories Development Fund - 121.580 billion rubles, State Transport Leasing Company - 103.9 billion rubles, Infrastructure Investments-4 LLC - 4.05 billion rubles, Rostec state corporation - 17.952 billion rubles and other Russian issuers - 11 billion rubles and $1.876 billion.