e federal loan bonds. well , i can say that when i answer questions. person now? yeah, uh, without any investment skills. where to save money? i'm saying that the first and most important instrument is the ofz - federal loan bonds. if you live in this country, believe in this country, you work in it, yes, then there is no better tool. those who liked foreign share assets. e. today we see, unfortunately, unfortunately, suffered, because that investments fell into tesla and other western companies there today are simply blocked by western structures, therefore, if we talk about means of investment, the yield of paper and the projected inflation of 10% are only now at the beginning of the year. if we see the slowdown is already dynamic. inflation trend slowdown sometimes now if anyone wants to protect their savings, they should buy more now. uh, it means that the minister of finance advises everyone to bet, how to invest money correctly, uh, it's worth a lot. thank you again, we say that the target inflation. well, we predict inflation of 5.5 with a yield

the yield, then, is federal loan bonds fixed, that is, guaranteed for all times and peoples. ar. maybe this market instrument, the price for it can fall or rise, but by the time of redemption, if you have an iou of the state, there is a million rubles and a coupon, say, 10%, yes, this is 100,000, then, when the time comes to repay, if you honestly stayed until the end of the term that is written on this debt obligation, and the repayment is there on the first of january 2025, then you will receive your million from the state, because we do not expect any defaults and you will receive a coupon of 10 % for each year that you held is a great tool for those who do not consider themselves a professional in the market, respectively, if this is a second currency, then this is the yuan short invested in the same debt from a bank chinese china, yes, or russian companies, yes, or russian companies that are in the region, that do not go far abroad. yes, this is the easy money podcast, and i am its host mikhail khanov and today my guest is maxim shein financial analyst investment investme

we are issuing federal loan bonds, mostly banks are bought by russian investors.r various types of papers. now the majority. these are papers of such an average and long-term circulation period of 7-10 years or more. that's why the main investor in our paper is russian uh, organizations in the first place, of course, banking and financial companies. the government has stated that it does not support the psc initiative to increase the income tax and is now discussing the idea of ​​a voluntary contribution for companies that received profits from the spheres last year. tell us the position of the ministry of finance and which companies. which areas can this affect? in this regard, we are grateful to business that, uh, such an initiative. uh, under the current conditions, support uh, the priority is primarily social spending infrastructure spending, which this year hmm is actively funded and increased compared to previous periods question. what form will this support take? we are now just a business for you, uh, we are actively discussing special amendments to the ta

mainly through the issue of federal loan bonds for 7-10 years or more, the main investors will be bankingtitutions. organizations this week, the european union included russia in a black list of 16 tax jurisdictions brussels adds countries that, in its opinion, do not meet international standards and refuses to cooperate in improving the transparency of the system. our men said that the claims are far-fetched and stressed that the eu decision will not affect the economy in any way. this is exceptional. ah, a political decision. with uh with the ministry of finance, this issue was not discussed , no clarification was asked about, therefore another hostility. so it's my own to be treated. what are the consequences? yes, there are no consequences for the budget for the economy - this will not entail. russia's budget deficit is smaller than in many countries of the same european union and will be further reduced next year. it is expected somewhere at the level of one percent of gdp - said the minister of finance, anton silanov. what is the reason why us hegemony of other countries yes is not

tell us how you plan to compensate tatiana's deficit is, well, primarily due to federal loan bonds, butn also help. details. now i'll tell you. large companies that have received excess profits can support the russian budget with the mechanisms of appropriate fees. now this is being worked out in an interview with our tv channel, said the minister of finance, anton filanov. uh, actively discussing. we agreed that special amendments to tax legislation will be prepared and, most likely, will be in the form of fees from businesses. uh from that part of the gain financial results in recent years. watch the full version of the interview with finance minister anton silanov on our channel today after 10 am moscow time. the russian auto industry managed to survive the crisis shocks from 22 years after the change of ownership and the arrival of a new management team, avtovaz not only restarted production, but also plans to develop the brand . you talked about using measures support, including borrowed funds, they are repayable, it is clear that the debt burden is growing. a. what is it now quite

in mainly through the issue of federal loan bonds for 7:10 years or more , banking and financial organizationsl act as the main investors. this week, the european union included russia in the black list of 16 tax jurisdictions brussels adds there countries that, in its opinion, do not meet international standards and refuse to cooperate on issues of increasing the transparency of the system in our ministry of finance said that the claims are far-fetched and stressed that there is no solution will affect the economy. this is exceptional. ah, a political decision. with uh hmm , no clarifications from us were discussed with the ministry of finance, so they didn’t ask, so you don’t make friends in a row, so to this. actually, yes to treat. what consequences? yes, there are no budget implications for the economy. this will not cause russia less than in many countries of the same european union and will be further reduced next year. it is expected to be somewhere at the level of one percent of gdp, noted the minister of finance, anton beryalanov. the us military could shoot down an ordinary balloon

the input part, and ofz, that is, e federal loan bonds, they turn out to be a higher inflation forecastns that they themselves are pawned at night , someone comes and pawns. this is while the regulator is sleeping, there is no regulator itself, respectively. we must understand that if this is removed today, the lfz is placed at 10% per annum, this is a lot of money. today. uh, the central bank is scaring a few government debt. how much interest will have to be paid in the coming years? 3.000.000 rub. so let's make it easier. let's let the state, yes, for the money of the economy, and we will at least save a trillion and i am finishing the main message. i would like to say that in fact there is no need to invent anything. everything is. you just need to make a political decision, when the central bank will also be responsible for socio-economic development, like the government. it seems to me that excuse me, please, why are cucumbers getting more expensive, and energy companies have super profits on their fingers, but the fact is that when we talk about energy companies, you must underst

basically, through the issue of federal loan bonds for 7:10 years or more, the main investors will bet the same time , large companies that received superpowers. profits can support the budget through certain contributions. now this issue is being worked out. well, now we are actively discussing with the businessman. we have so agreed that special amendments to the tax legislation will be prepared and, most likely, this participation will be in the form of fees from the business from that part of the increase in financial results in recent years. were detailed from the figures about this measure , you can learn from the interview. this week, the european union added russia to its blacklist of 16 tax jurisdictions. brussels is adding countries that, in its opinion , do not meet international standards and refuse to cooperate in improving the transparency of the system. our ministry of finance said that the claims are far-fetched and stressed that the eu decision will not affect in any way on the economy. political decision c uh with the ministry of finance, this issue was not discussed

uh, tatyana's deficit, well, first of all , big business can also help through the federal loan bond.erything. large companies that have made excess profits can support the russian budget by the mechanism of appropriate fees. the minister of finance, anton filanov, is currently working on this interview with our tv channel. well, now just business, uh, is being actively discussed. we so agreed that this will be prepared by special amendments to the tax legislation and most likely this part will be in the form of business fees. e with that part of the increase in financial results in recent years. watch the full version of the interview with finance minister anton silanov on our channel today after 10 am moscow time. avtovaz is planning an anti-crisis strategy that will reduce the debt burden and ensure the development of the brand after the change of ownership and the arrival of a new management team, the largest russian auto holding. not only managed to relaunch conveyors, but also expects to increase production among the main challenges of competition with chinese companies that are

performance and mutual investment since march last year a broker from kazakhstan purchased russian federal loan bondslmost $ 1.5 billion, in turn, russia is among the top five countries in terms of investments in the economy of the republic close cooperation has a positive impact on gdp dynamics the longest continuous border in the world 7.6, and thousand km e predetermines our interdependence in the economic plan about the strategic according to the studies of the eurasian bank and reconstruction and development , about 50% of the those kazakhstani regions that border, and with russian ones with the russian border and about 20-25% of the russian one is formed in the border area with kazakhstan, one of the main points of growth in the energy sector, kazakhstan is trying to improve working conditions for contractors from russia, including in the field of development and the place of birth hard -to-recover oil most of the register is not exported through russia, mainly due to the capacity of the caspian pipeline consortium of more than 50 million tons. mainly carried out transportation of kazakh produc

tell us how they plan to compensate for the deficit tatyana primarily through federal loan bonds, big now i'll tell you. large companies that have received excess profits can support the russian budget through the mechanism of appropriate fees. the minister of finance, anton filanov, is currently working on this interview to our tv channel. we are now actively discussing with businessmen. we agreed that special amendments to the tax legislation will be prepared and most likely this participation will be in the form of fees from businesses with that part of the increase in financial results in recent years. watch the full version of the interview with finance minister anton silanov on our channel today after 10:00 moscow time. the russian auto industry managed to survive the crisis shocks 22 years after the change of ownership and the arrival of a new management team, avtovaz not only restarted production. well , one of the tasks to reduce the level of debt load is planned for the development of the brand , the head of the holding, maxim sokolov, said about this in the program of anna

i say that the first and most important instrument is federal loan bonds.you live in this country, you believe in this country, you are in it. yes, there is no better tool. those who liked foreign share assets. eh, today we see, unfortunately , unfortunately, they suffered, because investments fell into tesla and other western companies there, today simply western infrastructures are blocked. paper and projected inflation of 10% - this is only now at the beginning of the year. if we already see a slowdown, the dynamics of inflation is already moving , the trend is slowing down sometimes now. if anyone wants to protect their savings. i need to buy more now. uh, that means the minister of finance advises everyone on how to invest money, it's worth a lot. thank you once again , we say that the target inflation. well, we predict inflation of 5.5 with a yield of more than ten. you are this favorite. as i will beat inflation, you will actually beat inflation. twice, well at least at least this year deposits in banks will not give such a return on deposits in bank

, the law on the federal source of the 23rd year and shows that the main source of e-e will be savings on the domestic market. that is, it is a federal bond of the federal domestic loan, that is, simply the opinion of money, because in the existing situation, except for centnerbenko of the russian federation, it is unlikely will anyone chase these bonds at any price, so the deficit will be covered by uh simply printing money on one side and on the other uh using reserves in january for the first time in a very long period russia sold gold is not much in the summer, of course, but the precedent itself is already interesting, besides, the freely convertible currency has almost disappeared from the reserves , i.e. the dollar, the euro, the yen, and now the reserves are being realized in yuan, but the yuan has limited demand and it has to be sold, there is no need for the prices to be at whatever you would like, i.e. the deficit will now grow , the methods of extinguishing it will be purely monetary, that is, they will have a negative impact on inflation . to increase n maxim and i have a question why not all european countries were ready for this, in particular, why sho

that is, federal loan bonds. while the regulator is sleeping is not the regulator itself, respectively. we must understand that if this is removed today, the ofz will be placed at 10% per annum. this is a huge amount of money. today. uh, the central bank scares not at all with public debt. how much interest that will have to be paid in the coming years 3-3 million rubles. so let's make it easier. let's do it. let's let the state, yes, for the money of the economy, and we at least saved three trillion, and i would like to finish the main message by saying that in fact there is no need to invent anything. everything is there, it is necessary to stand still for a political decision, when the central bank will also be responsible for socio-economic development, like the government. it seems to me that excuse me, please, why are cucumbers getting more expensive, and energy companies have super profits on their fingers, but the fact is that when we talk about energy companies, you must understand that they had an expor

bonds, notes and commercial paper. and in addition 2 billion in executed federal and state low interest loans for a total of nearly 10 billion dollars. funds 6.3 of new debt issuance by the end of 2033. again, capital represents the largest portion of our capital costs and affects rate. over the 10 years, it will increase twice as past. --fast. you can see this where it's represented in orange. you can see in the san francisco capital planning committee, they noted they had a 3.5 cap as a percentage of revenues. as comparison, our agency has projected 24.5. so this is a good note for our agency how we can more affectively plan against our issuance of debt. the question is, how much debt is too much? again, by fiscal year 2033, at the end of 10 years, nearly half of the operating budget will cover the costs and na will be 2 thirds for waste water. i object creasing interest rates also drive up our borrowing costs. and the 30-year debt term means that impact pairs decades into the future. so we must consider our decision seriously. with that, we'll finish next with a brief overview of the 10-year financial plan. and explain ho

federal government out spends its revenue, they issue bonds, which is borrowing money. private citizens borrow that money. private companies borrow the money. foreign companies and countries loanthat money. about 40% of our debt is owned by investors in china, japan, and other countries. there is a real international part. 60% is owned by u.s. citizens and companies. host: there is a viewer that makes that point and draws a comparison, saying that when it comes to the debt, host of it is owed to social security and pension funds in the u.s., meeting u.s. citizens owned most of the national debt. guest: it's not most of it, but it is a significant part. $67 trillion are owed from the trust funds, like social security, etc. as i mentioned, those trust fund levels are now starting to full. the trust funds are going to be cashing in the bonds. we have issued them bonds, saying, hey, we are borrowing your money. now they are going to be saying, we need it back. that is going to raise the borrowing from the public that we have got to make. you are right, we owe a good chunk of it to ourselves. not most of it, but a significant amount. host: on our independent line, south dakota, nic

federal government out spends its revenue, they issue bonds, which is borrowing money. private citizens borrow that money. private companies borrow the money. foreign companies and countries loanthat money. about 40% of our debt is owned by investors in china, japan, and other countries. there is a real international part. 60% is owned by u.s. citizens and companies. host: there is a viewer that makes that point a draws a comparison, saying that when it comes to the debt, host of it is owed to social security and pension funds in the u.s., meeting u.s. citizens owned most of the national debt. guest: it's not most of it, but it is a significant part. $67 trillion are owed from the trust funds, like social security, etc. as i mentioned, those trust fund levels are now starting to full. the trust funds are going to be cashing in the bonds. we have issued them bonds, saying, hey, we are borrowing your money. now they are going to be saying, we need it back. that is going to raise the borrowing from the public that we have got to make. you are right, we owe a good chunk of it to ourselves. not most of it, but a significant amount. host: on our independent line, south dakota, nick.

federal student loan debt. that has been true for many years. i have seen firsthand over the past 10 years the colleges, including most recently the h bcu's go to great lengths to maintain this bond of indenture in place. i will give you one quick example. there was a bill last session that would return bankruptcy to student loans. what killed this bill was the hbcu's standing up and actively opposing this legislation. i saw something very similar 10 years ago. i would just like to get your thoughts. host: let's get shanti's thoughts. guest: i'm not sure i know much about what he is referring to. are you referring to the recent student loans forgiveness program? host: he has gone. guest: i don't know if i know enough about the topic he is asking about. i do know that hbcu's were worried about not getting payments back, but i don't know enough about that topic, host: ron is calling us from tuscaloosam alabama and educator -- tuscaloosa, alabama, and educator. caller: i don't mean to be ugly but i want to make an observation. this lady on my right her complexion is lighter than yours. that started about the 17th century. your skin is darker than hers! you have less melanin in your