Government bond borrowings in the context of external shocks
https://doi.org/10.46554/1993-0453-2023-3-221-79-86
Abstract
The development of such an important segment of the financial market, as a consequence of bond borrowings, ensuring the process of balancing state monetary funds, the operation of the refinancing system of the Central Bank of the Russian Federation, the investment attractiveness of lower industries and the economy as a whole, is one of the key tasks facing the economy. Therefore, studying the consequences of ongoing shocks on the value volumes of the government bond market is a pressing issue that requires close attention in the contemporary turbulent economic conditions. The article reveals the economic nature of external shocks, and also uses event analysis to measure their impact on the government borrowing market. Particular attention is paid to the issue of shock events superimposing on each other, which, depending on the direction of their impact, can lead either to a sharp drop in the volume of the government bond market, or, conversely, to its balanced dynamics.
About the Authors
V. A. Manyaeva
Samara State University of Economics
Russian Federation
Russian Federation
Vera A. Manyaeva – Doctor of Economics, Professor, Professor of the Department of Accounting, Analysis and Economic Security
Samara
O. Yu. Kuzmina
Samara State University of Economics
Russian Federation
Russian Federation
Olga Yu. Kuzmina – Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Economic Theory
Samara
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Review
For citations:
Manyaeva V.A., Kuzmina O.Yu. Government bond borrowings in the context of external shocks. Vestnik of Samara State University of Economics. 2023;(3):79-86. (In Russ.) https://doi.org/10.46554/1993-0453-2023-3-221-79-86
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