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NPF stress testing scenarios updated

30 September 2024
News

The Bank of Russia has updated its mandatory stress testing scenarios for non-governmental pension funds (NPFs).

The scenarios provide for a smoother rebound of the OFZ value after the decline period as compared with the previous scenario. The probability of asset defaults has been additionally updated based on the data from rating agencies. The document has also been supplemented with a new scenario indicator — the gold price per troy ounce — owing to increasing interest in the instruments linked to the price of the precious metal.

Preview photo: ako photography / Shutterstock / Fotodom