Business growth

Market participants have concluded the first deals with commercial bonds in the OTS system of Moscow Exchange. Previously, it was possible to conclude transactions with commercial bonds only by entering into a sale and purchase agreement, often in hard copy, executing documentation in the back office and filling in an order for DVP clearing at NSD. Now it is enough to conclude an agreement in the OTC system, which creates opportunities for the development of this tool. As of today, 79 issues of 36 issuers are traded on the commercial bond market for the total amount of ₽98.3 billion.