18 Dec 2013 09:37
Russian ministry hopes to stick to 40% NWF investment threshold despite buying Ukrainian bonds
MOSCOW. Dec 18 (Interfax) - Russia's Finance Ministry expects that the total amount of investment of National Welfare Fund (NWF) money in infrastructure projects, Vnesheconombank (VEB) deposits and Ukrainian Eurobonds in 2014 will not exceed 40% of the sovereign wealth fund, the ceiling that the ministry itself insists on imposing.
"For now we expect that we will manage to confine ourselves to 40%. [