Template-Type: ReDIF-Article 1.0
Author-Name: Natalia Burkova
Author-Name-First:Natalia 
Author-Name-Last: Burkova
Author-Name: Elizaveta Khudko
Author-Name-First:Elizaveta 
Author-Name-Last: Khudko
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Financial Markets
Abstract: The "Big Twenty" fears of a slowdown in the global economy, downgrading of France credit rating and volatility of oil prices have led to deterioration in the Russian financial markets in November 2012. Herewith, the average daily market turnover of governmental securities has decreased most significantly (by 40%). Lower reduction rates were noted in the stock market average daily volume (by 7%) and the futures market of the Russian Federation (by 9%). For the domestic market of corporate bonds November was a period of stabilization, despite the difficult external economic situation. The volume and market index has also moderately increased. The situation has improved in the issuers’ performance of their obligations, no real defaults were declared in November.
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Year: 2012 
Issue: 12
Month: November
Pages: 16-23
Journal:Russian Economic Developments
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/34Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:34