Most Liquid Corporate Bonds Traded on Moscow Exchange Tuesday

15:35; 22 September 2026 year

### Top Liquid Corporate Bonds Traded on Moscow Exchange Below is a list of the most liquid corporate bonds currently traded on the Moscow Exchange: - Polus PBO-04 bond (ISIN code: RU000A108L81) +0.1% - Borets Capital 001P-05 bond (ISIN code: RU000A10EK71) +0.1% - AFK Sistema Issue 14 bond (ISIN code: RU000A101XN7) +0.2% In Russia, a credit rating scale is used to classify bonds: - **AAA bonds**: These are the most reliable, typically issued by large systemically important companies, often with state participation. - **A- to AA+ bonds**: These are reliable securities, often 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 and economic events (e.g., interest rate hikes). - **B- to BB+ bonds**: These are high-yield bonds (HY bonds), with higher risks and higher returns. They are usually issued by small and medium-sized businesses operating in risky sectors. - **CCC and D bonds**: These 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