THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS

One of the development goals is still to improve the level and quality of life of citizens through the use of financial market instruments. For this purpose the Ministry of Finance has issued the special bonds (OFZ-n) in 2017 intended for citizens (ISIN code - RU000A0ZYXW7). These bonds should have...

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Main Authors: V. Polyakova, L. Tokun
Format: Article
Language:English
Published: Publishing House of the State University of Management 2018-12-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1232
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author V. Polyakova
L. Tokun
author_facet V. Polyakova
L. Tokun
author_sort V. Polyakova
collection DOAJ
description One of the development goals is still to improve the level and quality of life of citizens through the use of financial market instruments. For this purpose the Ministry of Finance has issued the special bonds (OFZ-n) in 2017 intended for citizens (ISIN code - RU000A0ZYXW7). These bonds should have interested citizens as an investment object, becoming an alternative to bank deposits. Data on the placement of the latest issues OFZ-n indicate a decline in inter-est to them from investors. The article discusses the details of the structure of OFZ-n bonds, which determine their investment qualities. It has concluded that the emergence of OFZ-n did not fundamentally affect the investment behavior of Russian citizens, as a result of which the quality of citizens’ savings portfolios remained at the same level.
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series Вестник университета
spelling doaj-art-2bc0eb4d5df24ba28354196de61343ca2025-02-04T08:27:58ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-12-010129610210.26425/1816-4277-2018-12-96-1021232THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENSV. Polyakova0L. Tokun1Государственный университет управленияГосударственный университет управленияOne of the development goals is still to improve the level and quality of life of citizens through the use of financial market instruments. For this purpose the Ministry of Finance has issued the special bonds (OFZ-n) in 2017 intended for citizens (ISIN code - RU000A0ZYXW7). These bonds should have interested citizens as an investment object, becoming an alternative to bank deposits. Data on the placement of the latest issues OFZ-n indicate a decline in inter-est to them from investors. The article discusses the details of the structure of OFZ-n bonds, which determine their investment qualities. It has concluded that the emergence of OFZ-n did not fundamentally affect the investment behavior of Russian citizens, as a result of which the quality of citizens’ savings portfolios remained at the same level.https://vestnik.guu.ru/jour/article/view/1232financial market instrumentscitizens savings qualityinvestments of individualsbonds for citizensan alternative to bank deposits
spellingShingle V. Polyakova
L. Tokun
THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
Вестник университета
financial market instruments
citizens savings quality
investments of individuals
bonds for citizens
an alternative to bank deposits
title THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
title_full THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
title_fullStr THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
title_full_unstemmed THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
title_short THE USE OF TOOLS OF THE FINANCIAL MARKET TO IMPROVE THE QUALITY OF SAVINGS OF CITIZENS
title_sort use of tools of the financial market to improve the quality of savings of citizens
topic financial market instruments
citizens savings quality
investments of individuals
bonds for citizens
an alternative to bank deposits
url https://vestnik.guu.ru/jour/article/view/1232
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