The MOEX Russia Index experienced a decline of 10.4% in October, as reported. Concurrently, yields on OFZ and corporate bonds saw an upward trend. This market environment resulted in a significant shift of private investor funds from equities to debt instruments, totaling ₽42 billion or 26% of share sales.
The ruble continued its depreciation during this period, prompting individuals to sell more foreign currency than they purchased, mirroring the trend observed in September. FX swap rates showed reduced volatility.
Further information can be found in the latest issue of the Financial Market Risks Review.