Investments significantly increased among individuals during the month of July
In July 2025, the Moscow Exchange witnessed a significant surge in private bond investments, with a total of 206.8 billion rubles invested, marking a 3.2 times increase compared to the previous month. This trend can be attributed to several factors that have influenced the global bond market, providing context for the rise in private investments in July 2024.
According to recent data, the trading volume on the bond market in July 2025 reached 4.2 trillion rubles, with bonds accounting for 13.2% of the total trading turnover. The share of private investors in the bond market was 28.1%, indicating a growing interest in fixed-income securities.
One key factor driving this trend was the rise in bond yields. In July 2024, interest rates on U.S. Treasury bonds reached an average of 3.352%, the highest since October 2009 and more than double the low in January 2022. This higher yield environment, which makes bonds more attractive to investors, likely encouraged increased investment in bonds.
Another factor contributing to the surge in bond investments was the strong performance of credit markets. In July 2025, credit markets outperformed government bonds, supported by strong corporate earnings and narrowing credit spreads, which often reflects investor confidence and can drive more private investment into corporate bonds.
Despite higher yields, investment-grade corporate bonds had recently retained strong inflows, while high-yield corporates saw gains and continued modest inflows around mid-2025. These trends suggest sustained or growing investor interest in fixed income, including private purchases.
The bond market's size and scope are vast, with fixed-income securities totaling $145.1 trillion globally in 2024, indicating a deep market that could experience fluctuations in private investments in response to interest rate changes or economic forecasts.
While there is no direct, detailed data in the search results specifically about an increase in private investments in bonds in July 2024 compared to previous months, these points provide context that can help infer aspects relevant to your query. It is reasonable to infer that the rise in private investments in bonds in July 2024 was influenced by rising bond yields, market conditions favouring credit investments, and possibly monetary policy and fiscal environment supporting fixed-income investment.
However, without explicit monthly flow or investment volume data for July 2024, these points remain contextual rather than direct measurement. For precise quantitative details about private investments in bonds specifically in July 2024, such data may need to be sourced from detailed fixed-income market reports or regulatory filings from that time.
The Moscow Exchange also saw growth in individual investment accounts (IIAs), with the number of IIAs exceeding 6.1 million in July 2025. Stock transactions accounted for 66.3% of the trading turnover on IIAs, while fund shares accounted for 20.6%. The trading volume on the stock market was 3.2 trillion rubles, with the share of private investors in the turnover of stock trading at 66.9%.
In conclusion, the surge in private bond investments in July 2025 can be attributed to several factors, including rising bond yields, strong corporate earnings, and investor confidence in credit markets. While direct data for July 2024 is limited, the trends observed in the mid-2025 bond market suggest a continued interest in fixed-income securities among private investors.
In light of the rising bond yields in July 2024, which reached the highest since October 2009, it's plausible that private investors were attracted to the higher yield environment, potentially leading to increased investing in bonds. The strong performance of credit markets in July 2025, supported by strong corporate earnings and narrowing credit spreads, could also have influenced private investment into corporate bonds, hinting at a similar trend in July 2024.
