Alfa-Bank enters Russia's growing mortgage-backed securities market

kommersant.ru (Russian)

Alfa-Bank has entered the mortgage-backed securities market, with "Dom.RF Mortgage Agent" closing a deal for 35.4 billion rubles. This marks the bank's debut in this area. The market for mortgage-backed securities currently totals 3 trillion rubles, primarily dominated by state-owned banks like Sberbank and VTB. Experts note that these securities often remain with the issuing bank. The expected decrease in the Central Bank's key interest rate is anticipated to boost the volume of placements for external investors. VTB and Alfa-Bank have further issuance plans.


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Alfa-Bank enters Russia's growing mortgage-backed securities market | News Minimalist