Template-Type: ReDIF-Article 1.0 Author-Name:Nikita Andrievskiy Author-Name-First:Nikita Author-Name-Last: Andrievskiy Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name:Elizaveta Khudko Author-Name-First:Elizaveta Author-Name-Last: Khudko Author-Workplace-Name: Gaidar Institute for Economic Policy Title: FINANCIAL MARKET IN JULY 2014 Abstract:The MICEX Index, after having risen by 2% to 1,513 points over the fi rst ten days of July, then dropped by 10% towards the month’s end. By 28 July, MICEX Index stood at 1,361.9 points. The MICEX’s capitalizati on by 28 July had amounted to Rb 21.8 trillion (or 32.0% of GDP). Russia’s domestic corporate bond market displayed a surge of the weighted average eff ective yield on corporate bonds in face of a declining corporate bond portfolio duration index. Nevertheless, in July the market volume and the marker index, as well as investor primary and secondary bidding activity, were on the rise. Classification-JEL:G1, G3, G15 Keywords: Financial Markets Journal: Russian Economic Developments Year: 2014 Issue: 8 Month: August Pages: 9-12 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/365Khudko.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:365