Russia offers the biggest premium in the world after Norway for investing in stocks rather than government bonds, according to equity risk premium data compiled by Bloomberg. Russia's premium, calculated as the difference between the weighted average internal rate of return for the Micex Index and the yield on 10-year local-currency bonds, now stands at 14.5 percent. That compares with 18.2 percent for Norway and 12.7 percent for Italy. In Brazil, investors can make more by investing in bonds than in stocks, the data show.
--With assistance from Kevin Kelly and Carlos Torres To contact the reporters on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net, Olga Voitova in Moscow at ovoitova@bloomberg.net. To contact the editors responsible for this story: Mark Sweetman at msweetman@bloomberg.net, Alex Nicholson, Douglas Lytle
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
