Russia Reopens Bond Market To Not Hostile Investors
Aug 19, 2022 ·
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Description
The Moscow Exchange will be partially reopened to foreign investors after a nearly six-month suspension during the Ukraine war. It says only investors from countries that are not hostile will...
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The Moscow Exchange will be partially reopened to foreign investors after a nearly six-month suspension during the Ukraine war.
It says only investors from countries that are not hostile will be allowed to trade bonds.
The Moscow Exchange says it would be reopening its bond market to "non-resident clients from countries that are not hostile, as well as non-residents whose ultimate beneficiaries are Russian legal entities or individuals.
It added that banks, brokers and investment management companies had started registering their foreign clients with the exchange.
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It says only investors from countries that are not hostile will be allowed to trade bonds.
The Moscow Exchange says it would be reopening its bond market to "non-resident clients from countries that are not hostile, as well as non-residents whose ultimate beneficiaries are Russian legal entities or individuals.
It added that banks, brokers and investment management companies had started registering their foreign clients with the exchange.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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