OREANDA-NEWS. August 1, 2012. On July 25, 2012 on the Moscow Exchange derivatives market, turnover of the futures contracts on baskets of Russian Federation government bonds exceeded RUB3.3 billion, setting a record since the launch of trading in these instruments.

"We are witnessing an impressive dynamics of development of the OFZ baskets contracts. The liquidity and market capacity for the contracts have boosted with an average daily turnover doubling from RUB600 million in February 2012 to RUB1.3 billion in June 2012. Such liquid instruments that allows flexible response to fluctuating interest rates have been attracting more and more participants", said Evgeny Serdyukov, Derivatives Market Managing Director at Moscow Exchange.