RBC: Russia may be allowed to invest matcapital in securities

MOSCOW, Feb 9 – RIA Novosti. The Russian government discussed the possibility of using matkapital to invest in securities with minimal risk. This is reported by RBC with reference to a source in the Cabinet and the minutes of the meeting.

As noted, the funds will be allowed to be placed in special banking or brokerage products, such as deposits in state banks, bonds secured by state guarantees, or bonds from state companies or state banks.

In addition, according to the agency, in the discussion it was proposed to give the Russians the right to invest maternity capital in the pension reserves of non-state pension funds.

However, it is clarified that after discussion in the Cabinet, the initiative was sent for revision. In particular, a number of departments – the Ministry of Economic Development, the Ministry of Labor, the Ministry of Finance and the Bank of Russia – were instructed to additionally study the issue of investing mother capital in financial instruments, including exchange ones, or to exclude this idea from the project “Roadmap for the formation and development of investment development mechanisms.”

Author: wedocount

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