Financial Markets in Russia in February 2013

Nikita Andrievskiy and Elizaveta Khudko

Russian Economic Development, 2014, issue 3, 9-12

Abstract: The MICEX Index increased 2.47% in February 2014, reaching its highest value 1507,49 points on February 17, 2014 supported mostly by a rising trend in Gazprom’s stock. The MICEX stock exchange market capitalization amounted to Rb 23,92 trillion (36.88% of GDP) by February 25, 2014. The market volume and the corporate bond market index remained unchanged while the average weighted yield kept growing in February 2014. An increase in issuers’ fundraising activity and stable situation with issuers honoring their obligations to bondholders had a positive effect on the corporate bond market.

Keywords: Financial; Markets (search for similar items in EconPapers)
JEL-codes: G1 G15 G3 (search for similar items in EconPapers)
Date: 2014
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