The autocall structure is the first ever derivative-based bond available for trading via an exchange in Russia.
Otkritie Broker, part of Otkritie Financial Group, has issued its first capital at risk exchange-traded autocallable structured bond in the Russian market. The first ever non-capital protected Russian ruble-denominated structured bond is available for trading on the domestic stock exchange Micex since 26 July. This tradable issue of structured bond is a symbolic step for the development of local securitised structured product market where Otkritie is already one of the major players, according