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Moscow exchange to trade OFZ bonds again on Tuesday

by Mike Robinson

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© Reuters. FILE PHOTO – An interior view of the Moscow Exchange headquarters in Moscow, Russia on April 27, 2021. REUTERS/Maxim Shemetov

(Reuters) – After trade resumed on Monday on the Moscow Exchange, trading in OFZ bonds will resume on Tuesday at the Moscow Exchange. The stock market, however, will not be open, Russia’s Central Bank announced.

According to it, short-selling OFZ bonds is not possible.

Last stock traded at the Moscow Exchange was February 25th. While markets were in turmoil due to Western sanctions, the central bank stopped trading.

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