Published in:Russian Economic Developments. Moscow, 2015, #5, pp. 7-11
Extent:
1 Online-Ressource (5 p)
Language:
English
DOI:
10.2139/ssrn.2611225
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 27, 2015 erstellt
Description:
In April 2015 the MICEX Index hovered around 1,680 points, growing by slightly more than 1% over the course of the month. For the second month in a row, the major negative factor hampering its growth was the metallurgical industry. As of 24 April, stock market capitalization amounted to Rb 27.47 trillion (or 38.5% of GDP). During the period under consideration, Russia's domestic corporate bond market was relatively stable. A number of its key indicators, including the market volume, the market index and investor activity index, showed predominantly positive trends. The weighted average effective yield on bond issues remained high, although one should note that the positive trend displayed by this indicator became more pronounced. The situation with regard to fulfillment, by bond issuers, of their obligations to bondholders remained rather precarious