Russia to launch stock exchange for sanctioned companies

Alexander Astafyev

Companies targeted by Western sanctions will have an opportunity to list their bonds, as Russia plans to create a special stock exchange in 2020 to bolster its national capital markets.

The launch was initially scheduled for December but was then postponed to January, according to Russia’s Deputy Finance Minister Alexey Moiseev. The official explained that the ministry needed more time to finish the platform.

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