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MIL OSI Translation. Region: Russian Federation –

Source: Central Bank of Russia – Central Bank of Russia –

The dynamics of the Russian markets in 2023 was determined mainly by internal factors, including the increase of the key rate by the Bank of Russia amid accelerating inflation.

In particular, the segment of corporate bonds with floating coupon began to develop actively with the growth of yields. The market volume of such securities increased by 16%, reaching RUB 14 trillion.

The interest of companies in IPOs increased. Their main participants were retail investors. In addition, citizens began to conduct more frequent transactions with shares of the second and third levels of listing. These financial instruments are characterized by higher risks, and retail investors need to carefully evaluate them.

The foreign exchange market continued to adapt to the new structure of export-import flows under sanctions. The share of yuan in exchange market turnover grew and exceeded the shares of currencies of unfriendly countries.

Read more in the issue “Review of Financial Instruments” for 2023.

Photo on preview: Maykova Galina / Shutterstock / Fotodom

Please note; This information is raw content directly from the source of the information. It is accurate to what the source states and does not reflect the position of MIL-OSI or its customers.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI News (multilanguage service)