Thursday, 29 September, 2022
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Russia reopens bond market to 'not hostile' investors

Russia reopens bond market to 'not hostile' investors

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The Moscow Exchange will be partially reopened to foreign investors from Monday after a nearly six-month suspension during the Ukraine war.

It says only investors from ""non-resident clients from countries" will be allowed to trade bonds.

The move excludes many of Russia's largest investors that have imposed sanctions on its economy.

Russia had sealed off its markets in February to restrict money from leaving the country during the war.ussia reopens bond market to 'not hostile' investors

China and Turkey are likely to be among these nations, as they have not imposed sanctions against Russia.

It added that banks, brokers and investment management companies had started registering their foreign clients with the exchange.