Comments made by Eduard Lushin, Head of Treasury for the Expert magazine08 July 2019
Expert magazine published an analytical material: can a bond in the Russian market replace a loan?
The Bank of Russia is trying to reduce the cost of entering the bond market by medium-sized companies. And the number of successful stories has been growing. But these are episodes. In order to enable dozens of medium-sized regional companies start issuing bonds, it is required to change the investment climate.
Eduard Lushin, Head of the Treasury of SDM-Bank, noted that “after the failed fourth quarter of 2018, the sector of corporate ruble bonds began the year with extended spreads to government securities in rubles. The situation began to improve after a decline in yields of government securities, many management companies and funds detected the lagging dynamics of the corporate sector from FLBs and began to actively shift to the corporate sector, offering pleasant premiums to government securities. ”