Help or hindrance?


Since the global financial crisis finally caught up with Russia in the second half of 2008, the country's nascent securitisation market has been a notable victim. In particular, the collapse in the value of the Russian rouble - which slumped 57.5% from a peak of 23.13 against the US dollar on July 16, 2008 to 36.43 on February 19, 2009, according to the Russian central bank - has had a marked impact on the cross-border securitisation market.

According to Moody's Investors Service, issuance from

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: