Bond yields have risen significantly in recent months due to rising rates, and given the growing uncertainty in the stock market, many investors have begun to pay attention to the debt market. We asked Artem Privalov, senior bond analyst at Aton, to talk about the situation on it in the context of the developing story with Rosnano's debt and inflationary pressure, and also to share with us a checklist for a debt investor.

The largest investment banks continue to publish their forecasts for 2022. On Monday, Bank of America (Bofa) presented his report. The Bell found this document and retells the most important of it. What forecast BOFA gives on the 2022th According to the BOFA forecast, the S&P 500 index will be 4600 points by the end of the year (only 1.6% more than now). This is one of the most pessimistic forecasts among all large investment banks.

Mortality in Russia in October increased by 20.3% compared to October last year, said Deputy Prime Minister Tatyana Golikova, citing Rosstat data. According to her, the entire increase in deaths is due to COVID-19. Mortality from other diseases in October decreased by 6.2%, Golikova noted. In January-October, the death rate increased by 19.1% compared to the same period last year.

The Ministry of Justice has replenished the registers of media-foreign agents and NGOs-foreign agents. This time, four journalists and one organization were recognized as foreign agents. The list of media outlets performing the functions of a foreign agent included the correspondents of Idel.Realii and Krym.Realii (both publications were recognized as foreign agents back in 2017) Regina Khisamova, Regina Gimalova, Andrei Grigoriev and Alina Grigorieva.

For the first time, Rosstat has calculated the number of Russians with incomes below the relative “poverty line” – following the results of nine months, 12% of citizens did not reach this mark. The new parameter for counting the poor was approved by the government at the end of November. The authorities decided to calculate the "poverty line" by multiplying the subsistence minimum for the fourth quarter of 2020 by inflation.

The medical company Invitro is going to conduct an IPO - the listing may take place in the fall of 2022, Forbes reported , citing the management of the medical center. The company expects to receive a valuation of more than $1 billion. Invitro plans to go public next fall or spring 2023, Alexander Ostrovsky, founder and CEO of the company, told Forbes.

The case of the founder of the Russian cybersecurity company Group-IB, Ilya Sachkov, is allegedly related to the transfer of information to the United States about Russia's involvement in hacker attacks in the United States before the 2016 presidential election, writes Bloomberg. Since Sachkov is accused of treason, the details of the charges are still unknown.

The Bell found out why the multi -billion dollar state corporation, whose permanent leader was Anatoly Chubais for many years, was on the threshold of default, and how the government thinks to save her. Rusnano can receive budget money, but not directly, but through a state sanatorium.

In Russia, in November, the index of business activity in the service sector dropped to 47.1 points - this is the minimum value for the year. From the IHS Markit study it follows that if in October the activity index was 48.8 points, then by the next month it immediately fell by more than a point. This was the largest decline since October 2020. According to the calculation methodology, an index above 50 points means an increase in economic activity, below - a decline.

In Russia, in November, the index of business activity in the services sector fell to 47.1 points - this is the minimum value for the year. From study the IHS Markit , it follows that if in October the activity index was 48.8 points, then by the next month it fell by more than a point at once. This was the most significant decline since October 2020. According to the calculation method, an index above 50 points means an increase in economic activity, below - a decline.

Annual inflation in Turkey in November exceeded 20%, the highest since 2018. The lira is firmly entrenched in the status of the most failed emerging market currency this year. Inflation in Turkey reached 21.3% in November against 19.9% ​​in October. Analysts had expected less growth - up to 20.7%, writes Bloomberg.

The new head of VK with a 95% probability will be the son of the first deputy head of the presidential administration, Sergei Kiriyenko, Vladimir, two sources familiar with the deal to sell the company to Sogaz and Gazprombank told The Bell. Now Kiriyenko Jr. holds the post of gthdjuj vice president of Rostelecom. The day before, another The Bell interlocutor said that Kiriyenko Jr. could move to Sogaz to oversee the development of VK.

VK CEO Boris Dobrodeev has decided to leave his post, the company said . The day before, billionaire Alisher Usmanov announced the sale of his stake in the VK group (until October 2021 it was known as Mail.Ru Group) to the Sogaz insurance company. Dobrodeev will continue to fulfill his duties until the board of directors of VK appoints a new CEO, the company's press service said.

Elon Musk continues to sell shares of Tesla. The billionaire sold another stake in the company worth more than $1 billion, bringing total sales over the past month to $11 billion. According to Bloomberg, in the latest deal, the richest man in the world got rid of about 934 thousand shares, moving towards his goal of selling 10% of his stake. The last sell-off reached $1.01 billion, and the total number of shares sold was 10.1 million shares for about $10.9 billion.

The shareholding structure of VK (the former Mail.ru Group) continues to change. The Gazprom Media holding became a co-owner of the company - Gazprombank transferred 45% of MF Technologies, which controls VK, to its subsidiary. The company's announcement states that Gazprombank is transferring to JSC Gazprom-Media Holding a block of shares in the amount of 45% of the authorized capital of JSC MF Technologies, which controls 57.3% of the voting shares of VK (Mail.ru Group Limited).