It takes the average reader and 38 minutes to read Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market by Yinqiu Lu
Assuming a reading speed of 250 words per minute. Learn more
Local currency government bonds (OFZ bonds) are an important fixed-income instrument in Russia’s financial markets. In this paper, based on granular data, we explore the development of the OFZ bond market with a focus on foreign investors. As this fixed-income market has experienced a liberalization of the domestic trading and settlement infrastructure, and weathered several episodes of market stresses since the 2008–09 global financial crisis, the role of foreign investors can be observed along with these events. What we have found is that foreign investors had influenced the market before they became an important player and since then they have contributed to the development of the market while not necessarily destabilizing it in episodes of shocks.
Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market by Yinqiu Lu is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market aloud.
Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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