The Central Bank's decision to maintain the base rate was unexpected for the financial market, which caused a sharp increase in the RGBI indicator, according to experts interviewed by RBC. At the same time, bonds with short and medium maturities still show higher yields than securities with longer maturities.
Photo: ru.freepik.com
The RGBI index of the Moscow Stock Exchange is the main indicator of the Russian government borrowing market, reflecting the state of Russian government debt. It contains the most liquid government debt obligations with a duration of over one year. As of December 23, 2024, the index includes 26 government bonds.
The Moscow Stock Exchange Index (IMOEX) also shows steady growth. For the first time since November 19, the indicator crossed the threshold of 2,700 units. As of 12:18 Moscow time, the exchange rate reached 2.699.29, having increased by 2.31% since the opening of the trading session. As a result of operations on Friday, after the announcement of the key rate decision, the indicator increased by 9.19%. Experts believe that the stock market has just begun to recoup the positive news. Some of the securities were left without proper attention in such a short period of time and will continue to grow this week.
