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The main features of issue and circulation of exchange bonds in the Russian Federation

Abstract

The main features of stock exchange bonds were considered in the article, as well as the difference between stock exchange bonds and classical bonds. Two new types which appeared in the Russian federation in 2015-2016, such as single-day stock exchange bonds, and bonds issued within programs of exchange bonds. As the result, a conclusion was drawn on the future development of stock exchange bonds in Russian financial markets

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