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Finance and Credit
 

The specific features of the Russian bond market

Vol. 18, Iss. 8, FEBRUARY 2012

Available online: 15 February 2012

Subject Heading: Securities market

JEL Classification: 

Semernina Y.V. PhD in Economics, associate professor of department «Finance», Saratov State Social Economic University
ysemernina@yandex.ru

This article examines legal, infrastructural and historical peculiarities of the Russian bond market. It is noted the following: the almost complete absence of bonds originally issued for a term of less than one year; intensive development of the segment of the stock exchange bonds; the absence of significant benefits for long-term investors; the low level of legal protection of holders of the bonds in the event of a default

Keywords: Russian bond market, stock exchange, legislative features, infrastructure features, historical features

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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