Bank rates, personal income tax, Bloomberg exit: investor digest

Top 10 deposit rates. The Central Bank opposed the abolition of personal income tax on citizens' income from securities. BLOOMBERG will shut down terminals in RUSSIA on April 3rd. notable events,

На Мосбирже торги будут проводиться:

federal loan bonds in the main trading mode from 9:50 to 18:50 Moscow time, as well as from 9:30 to 19:00 Moscow time in the negotiated deals mode (NGO); Russian corporate bonds, Russian regional and municipal bonds in the main trading mode from 9:50 to 18:50 Moscow time, as well as in the RPM from 09:30 to 19:00 Moscow time. There is a ban on short sales for such instruments; shares of Russian issuers, foreign securities included in the Moscow Exchange Index (IMOEX), from 9:50 to 14:00 Moscow time, as well as in the RPS from 9:30 to 19:00 Moscow time. There is a ban on short sales for such instruments; exchange-traded mutual funds (tickers: VTBM, RCMM, MBGB, AKGD, SBMM, SBCS, SBRI, SBGB, MKBD, SUGB, SPBF, FMRU) in accordance with the trading time of the property included in the property pool; other bonds in RPS from 9:30 to 19:00 Moscow time; other foreign shares in RPS from 9:30 to 19:00 Moscow time; futures contracts in the usual mode in accordance with the time of trading in the underlying assets.

По остальным инструментам торги на Московской Бирже пройдут в режиме, аналогичном установленному на 28 марта 2022 года.

Режим работы Московской Биржи на последующие дни будет объявлен позднее.

Справка: БПИФы

VTBM — «ВТБ — Ликвидность  »,
RCMM — «Райффайзен — Фонд денежного рынка»,
MBGB — «МЕТИБ — Государственные облигации»,
AKGD — «Альфа-Капитал Золото»,
SBMM — «Сбер — Сберегательный»,
SBCS — «Сбер — консервативный смарт фонд»,
SBRI — «Сбер — Ответственные инвестиции»,
SBGB — «Сбербанк — Индекс Мосбиржи государственных облигаций»,
MKBD — «МКБ — Российские дивидендные акции»,
SUGB — «РЕГИОН — Индекс Мосбиржи государственных облигаций (1-3 года)»,
SPBF — «БСПБ — ОФЗ 1000»,
FMRU — «Дивидендные Аристократы РФ».

СПБ Биржа начнет торги в режиме, предназначенном для частных инвесторов, с 14:30 мск:

securities of 50 companies will be available for purchase from 14:30 Moscow time; 1604 more securities of international companies will start trading from 16:00 Moscow time; On March 29, there will also be no trading in securities of Russian companies, with the exception of shares of PJSC SPB Exchange.

Results of the third day of trading: "flying" second tier and cautious forecasts of the Moscow Exchange ,  Russia , Forecasts

Top 10 rates on deposits and savings accounts

The average rate of the 54 largest deposit banks on deposits for a period of one year in the amount of ₽100 thousand as of March 29 is 9.59% per annum, according to the FRG100 index.

The most favorable deposit rate as of March 29, 2022 is 25% per annum.

Top 10 banks with high effective rates on deposits and savings accounts as of March 29, 2022:

Sinara - up to 25%; Tavrichesky Bank - up to 24.10%; VTB — up to 24%; Vladbiznesbank — up to 24%; Garant-Invest — up to 24%; SBI Bank - up to 23.50%; Promselkhozbank - up to 23.50%; Eurofinance Mosnarbank - up to 23.50%; Sovcombank - up to 23%; OTP Bank - 23%.

Source: Banki.ru financial marketplace (the effective rate is calculated according to the Banki.ru methodology and is not an offer, detailed conditions are in credit institutions).

Personal income tax on income from Russian securities

The Central Bank of the Russian Federation opposed the abolition of personal income tax on citizens' income from securities of all Russian issuers. According to market participants, this measure would cost ₽390 billion.

Temporary exemption of income from securities   from personal income tax (PIT) is possible, but only for a small part of the assets, the Central Bank believes. This follows from his response to the Bondholders' Association (ABO), which raised the issue.

The Association in March proposed the introduction of income tax holidays on coupon payments on government, municipal and corporate bonds, as well as dividend payments on shares for both 2022 and subsequent tax periods. The offer concerned only the securities of Russian issuers   .

Jim Rogers - RBC: "No one is happy about the collapse of the ruble" Investments , Russia , Mosbirzha , Jim Rogers

Funds of the National Welfare Fund for the purchase of shares

The funds of the National Welfare Fund are planned to be sent as contributions to companies that find themselves in a difficult situation due to sanctions. At the same time, they are not yet used to buy shares on the stock market in order to support it, said Russian Finance Minister Anton Siluanov.

On March 1, the Russian authorities announced that the Ministry of Finance would send ₽1 trillion from the NWF to support the stock market. This decision was made shortly after the biggest crash in the history of the Russian market, which occurred on February 24th.

“Thus, with a high probability, it is not necessary to count on the purchase of Russian shares by the FNB in ​​the short term. Perhaps the funds would be needed when the ban on the sale of shares to non-residents is lifted, but so far there is no talk of such a scenario, ”said Vasily Karpunin, an expert at BCS World of Investments.

Siluanov confirmed the non-use of funds from the NWF for the purchase of shares of the Central Bank , Banking and finance , Shares

Bloomberg financial services

Bloomberg suspends activities in Russia and Belarus, the agency said in a statement.

"Customers in the two countries will not be able to access any of Bloomberg's financial products, including the terminal, data license, data feed, and electronic trading platforms," ​​the statement said.

According to a former employee of the company, Bloomberg will disconnect Russia from the terminals on April 3.

Bloomberg announced the suspension of activities in Russia and Belarus

Last day to buy shares for dividends

ConocoPhillips : last day to buy shares at a dividend of $0.30 per share; due date is April 14th.
Xerox: last day to buy shares at a dividend of $0.25 per share; due date is May 2nd.
Deere&Company: last day to buy shares at a dividend of $1.05 per share; due date is May 9th.
US Bancorp: last day to buy shares at a dividend of $0.46 per share; due date is April 15th.

Financial statements and other significant events

Transneft : IFRS financial results for the fourth quarter of 2021.
Micron: Q4 2021, post market, EPS forecast $1.98, revenue forecast $7.53 billion
Lululemon: Q3 2022 post market, EPS forecast $3.27, revenue forecast $2 .13 billion

Negotiations Russia-Ukraine in Istanbul, the first day.

How the previous trading session ended Moscow Exchange Index : 2430.7 (-2.15%) RTS Index : 823.04 (-0.79%) S&P 500 : 4575.25 (+0.71%) DOW JONES Industrial Average : 34 955.89 (+0.27%) NASDAQ Composite: 14,354.9 (+1.31%) A term that refers to the likelihood of a quick sale of an asset at a market price or close to a market price. Read more An entity that issues securities. The issuer can be both an individual and a legal entity (companies, executive authorities or local governments). A financial instrument used to raise capital. The main types of securities: shares (gives the owner the right of ownership), bonds (debt security) and their derivatives. More