The Ministry of Finance and the Central Bank in case of stress on the OFZ market is ready to support it with purchases

© RIA Novosti / Maxim to Aminopherase in fotobanka of Federal bonds to private individuals. Archival photoThe Ministry of Finance and the Central Bank in case of stress on the OFZ market is ready to support it with purchases© RIA Novosti / Maxim to Aminopherase the image Bank

The Ministry of Finance and the Bank of Russia in case of a stressful situation on the OFZ market can support him through the ransom, said Deputy Finance Minister Vladimir Kolychev, speaking at a Moscow financial forum.

«If we see extreme stress when in a very short period of time, the level of supply and demand in the bond market will be very desbalanceada may be considered transactions in the secondary market, they can be considered by the Central Bank in its mandate to ensure instability if they see the risks on this front. And can be considered by the Ministry of Finance, just as the borrower, which may be advantageous under certain levels just to repay at a lower price their borrowing,» said Kolychev.

RIA Novosti media group «Russia today» is the General information Agency of the third Moscow financial forum.

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