Rus News Journal

The market of the state securities

Profitableness of the state short-term bonds at the yesterday`s auctions continued to raise. Banks prepared for today`s placing of six-monthly bonds and bonds of a federal loan. The greatest volume of the concluded transactions has had on the series of state credit obligations nearest to repayment. The total volume of transactions on four such series has exceeded 550 mlrd roubles. The Ministry of Finance, dorazmestivshy 30 000 federal loan bonds of the third series and 4000 papers of the fourth release has used conjuncture improvement.
yesterday in the financial market on - former monetary deficiency reigned. Thanks to shortage of free rouble means banks actively involved money under high percent. As a result of the rate of short-term credits have raised on 10 - 20 %. Market MBK on Tuesday has lost the former stability remaining more of week and caused by the excessive offer of money - free roubles in this time had time to be converted in currency on the Moscow Interbank Stock Exchange or Mezhbank. Besides, forthcoming placing of state credit obligations and federal loan bond with total amount of issue 6 trln roubles demands from dealers, as usual, attraction of means.
market condition of bonds of an internal currency loan on Tuesday to the middle of day seemed uncertain, however after 12 hours operators have agreed in opinion concerning the further movement of the prices and began to sell short quotations 4 and 5 - go tranches of currency bonds of the Ministry of Finance. Instability of position speaks, on the one hand, revision of the Russian participants of a role of the currency market (and consequently, and its tools), and with another - stay of operations of foreign banks which have occupied a waiting attitude in relation to the Russian debts.