Home » Business » The Moscow Stock Exchange has resumed trading, so far only with state bonds

The Moscow Stock Exchange has resumed trading, so far only with state bonds

Andrei Braginsky, a spokesman for the Moscow Stock Exchange, said he hoped stock trading would soon be able to start again. Technically, it is ready and we hope that it will be restored in the near future, he said.

The market reopened at 1 p.m. (10:00 SE), but only for OFZ bonds – Russian abbreviation for federal level volumes.

In the pre-trade phase, the yields on these government bonds increased by dark
20 percent, which is the highest value in history. Your return means that the government will have to pay more for the loan, and indicates that the investment is risky. Later, after the start of trading, the income stabilized at 13 percent.

Central Bank Governor Elvira Nabiullinov said the bank would keep the annual rate at 20 percent and will buy government bonds to reduce volatility.

The invasion of Ukraine and the sanctions imposed by the ruling governments are choosing the one that will affect the Russian economy. The Russian ruble was stable on Monday at the dollar and traded at 104.83 RUB. Since the invasion arrest, the bag has dropped by about a quarter. Some supermarkets restrict the sale of bulk goods such as salt, sugar and edible oil.

In the three days after the start of Moscow’s military action in Ukraine, the central bank more than doubled the rate to 20 percent. The continuation of the conflict and the tightening of sanctions have undermined the court.

Concerns have been raised that Russia will not meet its debt, but last week paid $ 117 million a year out of the two dollar bond.

Msn uzvra i nevdan

The shutdown of the stock exchange on the MSC is a history in the mature market. It can only cope with the year 1914, when the New York Stock Exchange opened for three months between the end of July and November. It is interesting that even then we first started trading in bonds, the stock market oil then according to web history.com and in mid-December.

He gave the doorstep caused by sudden sales – like you in the face of the 1997 Asian financial crisis – lasted until the next day on the American stock market. The only part of the shortfall occurred after the 11th of 2001. At that time, the bonds were not traded for two days, and the event lasted for three trading days.


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