Published in:Russian Economic Developments. Moscow, 2014, №11, pp. 10-13
Extent:
1 Online-Ressource (4 p)
Language:
English
DOI:
10.2139/ssrn.2532385
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 1, 2014 erstellt
Description:
In October 2014, the MICEX Index saw a downtrend caused by falling crude oil prices. The MICEX Index lost 1.4% in the period between October 1 thru October 24 . The MICEX capitalization amounted to Rb 22,0 trillion as of October 24 (34.0% of GDP). The acceleration of the average weighted yield of bond issues (especially in the production sector) and the downtrend in the market index dynamics remained the major adverse effect in the Russian corporate bond market. At the same time, no deterioration in issuers' failure to discharge their obligations to bondholders was observed