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A plan to open up Russia's bond market to international investors is set to become operational...
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Tuesday, November 13, 2012, 10:15 AM ETA plan to open up Russia's bond market to international investors is set to become operational in January, according to the Micex. To call Russia's debt market "underdeveloped" is an understatement: Non-residents make up aout 7% of the business, well below any other EM you can name. The flows, says SocGen, should be bullish for all Russia-related assets.
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(Plea from U.S. investors: Is this what we got from the cold war? U.S. investment, .0006%. Russian investment...tell Vlad?)
Which way do I go?