NPF stress testing scenarios clarified
21 April 2022
News
The Bank of Russia has updated the scenarios of mandatory stress testing of non-governmental pension funds (NPFs) effective 21 April 2022.
The scenarios will be used to test funds’ portfolios as of 31 March 2022 or later.
The main changes relate to the dynamics of stock indices, Russian and foreign government bond yields, corporate bond yield spread, and money market rates.
Various scenarios are provided, depending on which regulatory relief measures funds use. The scenarios are adapted to the current conditions and do not create an additional burden on NPFs.
Preview photo: Shutterstock / Fotodom