Sberbank issues bonds linked to Bitcoin

Sberbank announced the issue of structured bonds, whose yield is tied to the change in the price of the first cryptocurrency - Bitcoin.

At the moment, this financial instrument is only available to a limited circle of qualified investors on the over-the-counter market, which is due to the peculiarities of its design and regulation. However, in the future, the bank intends to place these bonds on the Moscow Exchange to make them more transparent, liquid and accessible to a wide range of financial market participants.

This step should simplify the circulation of papers and increase interest from potential investors. Investing in these bonds does not require clients to register crypto wallets or use foreign platforms. All transactions are conducted in rubles, in compliance with Russian legislation. The income of bondholders depends on two factors at once - fluctuations in the value of bitcoin in US dollars and changes in the dollar exchange rate against the Russian currency, which makes the product especially interesting for those who want to record the growth of the crypto market, while remaining within the framework of the traditional financial system.

In addition, bank representatives reported that a bitcoin futures contract will become available through the SberInvestments service on June 4. Its launch will take place shortly after the start of trading in this instrument on the Moscow Exchange, which will open a new direction for digital investments for Russian clients.