Media

The polymetallic Holding Group Seligdar (hereinafter, the “Holding Group” or “Seligdar”, MOEX: SELG) became a partner of the XXIII Russian Bond Congress, held in St. Petersburg.

During the session “Focus on Bonds”, experts from the banking community and representatives of major businesses noted that, this year, the bond market has increasingly begun to compete with traditional bank lending, as the number of active lending banks has decreased and financing conditions have become more stringent. Success is achieved through a well-balanced structure in which the capabilities of banks complement the opportunities offered by investors. Standard funding practices are shrinking, while lenders’ requirements continue to increase due to tightening regulations by the Bank of Russia.

Olga Nikitina, Deputy Director for Economics and Finance at Seligdar PJSC, shared the Holding Group’s experience in utilising various financing instruments, including the launch of Russia’s first gold-nominated digital financial assets (DFAs), as well as the successful practice of selling products at premiums to market prices.

The XXIII Russian Bond Congress has been held annually since 2003 and is the largest conference in Russia dedicated to the debt securities market, and one of the key events in the country’s financial sector.