Russian Corporate Bonds Trade Lower on Moscow Exchange Wednesday

15:13; 25 February 2026 year

### Corporate Bonds Traded on Moscow Exchange on Wednesday - **RSHB (BO-02-002R)** (ISIN code: RU000A1068R1) -0.2% - **Polyus (PBO-04)** (ISIN code: RU000A108L81) +0.4% - **Borets Capital (1P-01)** (ISIN code: RU000A105ZX2) +0.1% - **AFK Sistema (Issue 14)** (ISIN code: RU000A101XN7) +0.2% All corporate bonds are rated, allowing investors to quickly assess the creditworthiness of the issuer. In Russia, a national rating scale is used, with the highest rating being "AAA" and the lowest being "C". Additionally, there is a "D" rating, which indicates an actual default. Generally, the higher the rating, the more reliable the issuer and the lower the yield on its bonds. - **AAA bonds**: These are the most reliable bonds, issued by large systemically important companies, often with state participation. - **A- to AA+ bonds**: These are reliable securities, typically invested in by pension funds and other institutional investors. - **BBB- to BBB+ bonds**: This is a transitional category, representing companies that may be sensitive to adverse market or economic events (e.g., an increase in the key interest rate). - **B- to BB+ bonds**: These are high-yield issuers (HYE), with high risks and high yields. They may be small or medium-sized businesses operating in risky sectors. - **CCC and D bonds**: These bonds are on the brink of default, carrying the highest risks. This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Faculty of "Higher School of Management" at the Financial University under the Government of the Russian Federation.

Investment

Events

Niches and markets

Technologies and trends

Development infrastructure