Debts began to decline // Risks of default, sanctions and actions of regulators reduced interest in Russian bonds


International investors withdrew from the Russian debt market a record amount in a year. Over the past week, the outflow from Russian bond funds amounted to $ 50 million. Interest in the debt of developing countries fell sharply due to the risk of default by a large Chinese developer Evergrande and the Fed’s plans to cut the asset repurchase program in the coming months. There were also internal factors – toughening of the rhetoric of the Central Bank, which does not exclude a further rise in the key rate. …

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