Russia Booking фондовые индексы Russia

OFZ: no shocks at market reopening

Overview. On March 21, the OFZ market reopened after nearly a three-week break. At first Russia's government bonds traded in a discrete mode from 10:00 a.m.till 11:00 a.m.

Contrary to expectations, the trading resulted on a mildly positive note.Prices of the “classic” bonds fell in line with projections, returning to a balance in the wake of the recent changes in the monetary policy.The RGBI state bond price index hit the lowest since December 2014, falling to 98.21 pt.

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