Russia's foreign debt up 1.2% to $524.9 bln in Q1

Home > Newsroom > Top Stories > Russia's foreign debt up 1.2% to $524.9 bln in Q1 - Central Bank estimate

Russia's foreign debt up 1.2% to $524.9 bln in Q1 - Central Bank estimate

MOSCOW. April 12 (Interfax) - Russia's external debt increased by $6.052 billion, or 1.2%, to $524.924 billion in Q1 2018, according to information posted on the Central Bank's website.

The country's indebtedness to nonresidents has increased driven by the buildup of liabilities through sovereign debt securities' placements and management of the nation's international reserves. The external debt of the private sector has remained virtually unchanged.

Non-banking sector debts in Q1 fell $2.929 billion or 0.8% to $342.273 billion.

Bank debt was up $2.531 billion or 2.4% in the quarter to $105.916 billion.

The Central Bank's foreign debt increased $2.124 billion or 14.7% to $16.604 billion.