Overview of the Government Bond Market (RGBI)
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The MCXRGBI index (Russian government bonds) is showing a decline of 0.1% on Wednesday and stands at 118.85 basis points.
Below is the trading dynamics of the most liquid federal loan bonds (OFZ).
- OFZ series No. 26247 -0.1%;
- OFZ series No. 26248 -0.1%;
- OFZ series No. 26233 -0.2%;
- OFZ series No. 26243 -0.1%.
The government bond index (MCXRGBI) is an indicator covering the entire spectrum of government securities (debt) and serves as an important benchmark for the state of the Russian bond market.
The base value of the MCXRGBI index shows the change in yield of the most liquid OFZ bonds.
The review was presented by Alexey Grishchenko, Doctor of Economics, Professor of the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.