MOSCOW, March 7. /TASS/. The Russian government bonds index (RGBI) has risen above 111 points for the first time since May 22, 2024, according to Moscow Exchange data.

As of 1:53 p.m. Moscow time (10:53 a.m. GMT) the RGBI was up by 0.86% at 111.01 points. By 2:08 p.m. Moscow time (11:08 a.m. GMT) the index had extended gains slightly to 0.87% as it traded at 111.02 points.

The government bonds index of the Moscow Exchange is the main indicator of the Russian sovereign debt market. The Moscow Exchange has been calculating the RGBI since December 31, 2002, with 100 points being its starting point.