yes, now, unfortunately, international ties have been severed, due to sanctions, we cannot adequately get pricing on the moscow market , these are instruments such as copper, nickel, gas, the stock exchange, if something happens tomorrow, you will be cut off from something , on the moscow stock exchange. contracts are traded tied to american quotes, just like let’s say you ’re just watching oil, you’re just watching it for the economy - this is the most important indicator. this is the easy money podcast, our guest is maxim marlovsky, host, one of the best experts investment in russia, and today we are discussing the results of the twenty-third year, plans for the twenty-fourth year, let's go back to where we started, to bonds,

now bonds for the twenty-fourth year, state, i'm talking about ofzs, about federal loan bonds, this an interesting investment tool? not yet, why? markets don't yet fully understand how long long-term rates, uh, high rates are now. let me remind you that now we have 16%, but rumors are already leaking that in 2024, we predict, or rather, leading analysts predict a decline, the boldest predict a decline. up to 12%. let's see, let's see what happened in the twenty-third year, we start the year with a rate of 7.5% and end with 16 rates. the average bond yield here will be somewhere from 5 years and beyond 10.5 in february it was already 11 at the same rate of 7.5, then it falls to 11 there with a plus, now it is trading at 11, 50, 11.70, the difference is small. okay, let's just

say for our audience, if we buy bonds, well, i don’t know, short annual bonds, short ones are considered slang there, that is, how much income will an annual bond bring in in the twenty-fourth year? well, at the moment, if you and i buy, it is accordingly 14, there is 15% at best, yes , this is the maximum that you can survive from there, whether you need to do this or not, maybe at the moment the best tool is probably from august . this is one of the best instruments, these are money market funds, what are money market funds, funds that they broadcast to you the daily repo rate from the gcc, oh, from the secured repo, let’s do it this way , it’s even simpler, that is , there are some investment companies that have funds that invest your money, daily in the rate, count on.. to

put it simply, they provide your money on credit to those who need it, it all goes through the stock exchange, it’s all secured by collateral of the best bonds, these are all our leading banks, as a rule, management companies that do all this work, this on the stock exchange, also you you can do this repo yourself, if the broker allows you, if you want an operation, when also please explain, this is an operation when you provide some kind of asset. you receive, you receive in a reverse operation, you are returned the money with the collateral asset, you provide money, for this daily in this case, then the money is accrued to you with interest, this is interest, you return the asset, well, let’s not complicate it further, that’s all now is approximately at the same rates as those given by leading banks, for very short terms you deposits, why not a deposit, the deposit is the same, it’s very good if you can wait for your money on the run, receiving approximately the same income.

they do approximately the same thing and with the same profitability as banks do with your deposits, but liquidity, that is, the opportunity to use this money here now at any time, if in the case of a bank deposit you only have it there, well, at best, in six months , if you have a deposit for six months, or even in a year, because it is for such periods that you will have rates 15-16%. 3 months, probably, well, 3 months there, i don’t think they will give the fifteenth income, they will, rather, on the contrary, now the banks are giving you, and i think that now you...

respected expert, turn your attention to money market funds, to study how it works, it’s not difficult, we ’ve just talked about the general principle, and this is now the fourteenth, fifteenth income, that is, 14, 15%.