stock exchange

Tinkoff bought back the blocked assets of its BPIF in dollars for half a billion rubles

11 August on the Moscow Exchange will resume trading in units of the fund "Eternal portfolio USD" Tinkoff Eternal portfolio USDTUSD0,11 $ Also, the investment bank will restore its work in dollars. About 200 thousand customers of the bank have this., more than 2 billion rubles are on their accounts. Trading in units of the Eternal Portfolio USD Fund has not been held since the end of February. At first, the Moscow Exchange did not work, and in March, the assets of Russian investors were frozen after, how European depositories Euroclear and Clearstream blocked the accounts of the National Settlement Depository (NSD), which took into account the securities of Russian investors. These assets cannot be traded, you can not receive coupons and dividends on them. The Central Bank estimated the volume of foreign securities of Russian investors, who were blocked in the NSD, in 6 trillion rubles. If you look only at mutual funds, at the end of May, the assets of 2.7 million shareholders totaling 379 billion rubles were blocked in them. ANALYSTS at ITI Capital estimated the blocked assets of Russian residents at 1.8 trillion rubles, or about $27 billion, mostly stocks. How was the redemption of frozen assets Exchange-Traded Fund in dollars "Eternal PORTFOLIO OF USD" invests in four assets in equal shares: stock, long-term and short-term bonds, as well as gold. The NSD stored 11,2% чистых активов фонда на сумму более 500 млн рублей. When NSD's accounts were blocked, these assets were also frozen. Вот как разблокировали доступ к активам этого БПИФ: На организованных торгах Тинькофф Банк выкупил у своего фонда «Вечный портфель USD» замороженные активы, хранившиеся в НРД. Сделка прошла по рыночным ценам на дату ее совершения, the bank paid more than 500 million rubles. На полученные деньги фонд …

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The fall of Petropavlovsk: how the gold miner came to delisting

Petropavlovsk (MCX: POGR, LSE: POG) - British holding, owning a large gold miner with assets in the Amur Region, «Petropavlovsky». The company's depositary receipts have been traded on the London Stock Exchange since 2002., and with 2020 — at Moscow.

Mosbirzha resumed trading in Eurobonds of the Ministry of Finance and VEB.RF for currency

As reported by the exchange, bidding starts today, 14 July. Settlements will be made in the currency of the bonds face value - dollars or euros, and also in rubles. available at auction 14 bonds of the Ministry of Finance and 3 VEB.RF bonds. Here they are - from closer repayment dates to distant ones: RUS-23 (RAY: XS0971721450). RUS-25 EUR (RAY: RU000A0ZZVE6). RUS-26 (RAY: RU000A0JWHA4)

Default in Russia on external debt, according to Bloomberg: what does late payment of coupons on eurobonds mean and what does it threaten

Bloomberg writes, what is default, but the Russian Ministry of Finance does not agree with this Sunday, 26 June, the 30-day grace period for the payment of coupons on Eurobonds of the Russian Ministry of Finance in the amount of about $100 million has expired. According to Bloomberg, failure to pay interest by the deadline means, that Russia defaulted on its foreign obligations for the first time since 1918. At the same time, Bloomberg emphasizes, that the default is mostly symbolic and means little to Russians — they are more affected by accelerated inflation and the economic downturn. Russian Ministry of Finance 27 June said, that Russia fulfilled its obligations on time. The money for payments was transferred to the National Settlement Depository in advance and then sent to the holders of Eurobonds. But international settlement and clearing systems did not bring the money to the final recipients. And since Russia cannot influence the actions of foreign financial intermediaries, investors should contact them. What happened 27 May, the Russian Ministry of Finance had to pay coupons on two Eurobonds in the amount of $71.25 million and EUR 26.5 million. But the payment of public debt in foreign currency has become impossible: 25 May the US decided not to renew the license, which allowed U.S. holders of Russian bonds to receive payments on these securities. And although the Russian Ministry of Finance sent money to NSD in advance, 20 May, — владельцы облигаций не получили их, indicates Bloomberg. По условиям облигационных выпусков дефолт объявляется, если купоны или номинал облигаций не были выплачены в 30-дневный срок с даты, when they should have been paid. 26 июня этот срок истек. В итоге подтвердились опасения насчет дефолта по внешнему долгу России, которые высказывались начиная с марта. As recalled by Bloomberg, это первый подобный дефолт с 1918 года, когда большевистское …

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Indian Stock Market Overview

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Hong Kong Exchange: what you should pay attention to

In the light of recent events, the management of SPb-Exchange has intensified its work to ensure access of its clients to the securities of issuers from the Hong Kong Exchange. We decided to make for our readers a small reference about the Hong Kong Stock Exchange. When creating the material, sources were used, inaccessible to users from the Russian Federation.

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