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NPFs expand investment in government bonds

31 May 2023
News

In 2023 Q1, the proportion of federal government bonds (OFZs) in the portfolio of pension savings of non-governmental pension funds (NPFs) increased by 0.7 pp to 37.6% and in the portfolio of pension reserves — by 1.3 pp to 22%. By contrast, investment in corporate bonds shrank as, compared to government bonds, they became less attractive in terms of the risk/return ratio.

NPFs also increased the amount of deposits in the portfolios of both segments: by 0.9 pp to 3.6% for pension savings and by 1.7 pp to 4.8% for pension reserves.

More details are available in the new issue of Review of Key Indicators of Non-governmental Pension Funds.

Preview photo: Bomentum / Shutterstock / Fotodom