Russia Reopens Bond Market, After Six Months,To ‘Not Hostile’ Investors

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Russia Reopens Bond Market, After Six Months,To ‘Not Hostile’ Investors

The Moscow Exchange will be partially reopened to foreign investors, on Monday, after a nearly six-month suspension during the Ukraine war.

Reports say only investors from “countries that are not hostile” will be allowed to trade bonds.

The move excludes many of Russia’s largest investors that have imposed sanctions on its economy.

Russia sealed off its markets in February to restrict money from leaving the country during the war.

In a statement, the Moscow Exchange said it would be reopening its bond market to “non-resident clients from countries that are not hostile, as well as non-residents whose ultimate beneficiaries are Russian legal entities or individuals”.

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