I believe today's agreement between the RTS and S&P is a deservingly important event, not only for the two parties involved but for the Russian market in general.
The 30% requirement is $0.5 billion at best and does not create a problem for large companies.
The market will continue growing, but at a slow pace, for fundamental reasons, including forecasts of oil prices.
This explains the stability of the Russian stock market - it does not grow rapidly after the January upsurge and it is unlikely to drop suddenly.
This is a matter for the Central Bank, which has a very cautious policy. We aren't going to see any sharp changes.
This restriction will be subsequently lifted and will not discredit investors because they can place 70% of their issue in depositary receipts.
Unfortunately, the infrastructure of Russia's securities market has developed in a speculative way.
We must provide the Central Bank with more flexible Stabilization Fund investment portfolio, while giving a small sum of about $1 billion to investment companies, to see whose management is more effective.
We wouldn't want the Russian companies to ignore the domestic market too much. We would like a Russian investor to have an easy and simple access to Russian assets.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.