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NPF stress testing scenarios updated

31 March 2023
News

The Bank of Russia has updated its mandatory stress test scenarios for non-governmental pension funds (NPFs), effective from 31 March 2023.

The scenarios have been adjusted considering the current situation in the market. The main modifications are associated with an increase in yields on Russian and foreign government bonds and changes in the form of the money market curve, foreign currency exchange rates and short-term inflation indicators.

Preview photo: Flystock / Shutterstock / Fotodom