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FTSE Mondo Visione Exchanges Index:

Moscow Exchange Introduces Changes To The Market Making Programme For Equities And Eurobonds

Date 01/09/2016

As of 1 September 2016, Rosneft  (ROSN) and VTB (VTBR) ordinary shares will be added to the market making programme, while Surgutneftegaz (SNGSP) and Sberbank (SBERP) preferred shares will be excluded.

The market making programme for Eurobonds is aimed at increasing retail investors" interest in these instruments.  In this connection, and as agreed with the issuer, the Exchange is expanding the range of instruments offered through the programme by adding Binbank Eurobonds (The B&N Bonds D.A.C., XS1379311761). The minimum lot will be 1 bond with a par value of USD 1,000.

Market making programmes are generally designed to raise liquidity in instruments available through the programme. The market making programme was developed, and is now being enhanced further, with the active involvement of investors.  Participation is open to all market participants. 

The terms and conditions of the programme are available can be viewed at http://moex.com/s766.