Government Bond Indices And Market Rates: Evaluating Relationships
Table 3: Relationship between government bond indices and the key rate of the Bank of Russia in 2020
| Date | Key rate of the Central Bank | FLB index, RGBITR |
| 01/31/2020 | 6.25 | 577.19 |
| 02/28/2020 | 6.00 | 572.25 |
| 03/31/2020 | 6.00 | 566.50 |
| 30.04.2020 | 5.50 | 591.76 |
| 05/30/2020 | 5.50 | 610.96 |
| 06/30/2020 | 4.50 | 607.44 |
| 07/30/2020 | 4.25 | 609.37 |
| 08/30/2020 | 4.25 | 609.98 |
| 09/30/2020 | 4.25 | 606.55 |
| 30.10.2020 | 4.25 | 611.17 |
| 11/30/2020 | 4.25 | 619.85 |
| 30.12.2020 | 4.25 | 621.45 |
| Correlation coefficient of the index with the key rate of the Bank of Russia on the Chaddock scale | ||
| – | -0.88 | |