In the article, from the standpoint of reasons and necessity, the qualitative and quantitative characteristics of the key trends in the development of the stock market in Russia are disclosed. The leading role is assigned to the processes of computerization of the exchange market: the introduction and use of digital technologies that ensure the financial stability of the financial market as a whole, its security and transparency, as well as access of a large circle of investors to banking and financial operations, and the protection of their interests. It has been established that the processes of introducing and using digital technologies, organically built into the mechanism of the functioning of the securities market as a whole, determine the directions of development of such trends as innovations, diversification of stock market instruments, securitization, integration with international stock markets, etc. key trends influenced by the technological development of the stock market, lead to blurring the boundaries between the primary and secondary markets.

In accordance with the established relationships between the indicators of the development of the government borrowing market and market rates, which acquire certain features in the process of the implementation of the Bank of Russia's monetary policy and performing its functions of placing government debt obligations on the exchange market, a representative instrument of the debt market is determined. It is the most sensitive to changes in market rates and flexibly protects investments from inflation. At the same time, the authors take into account the growth trends in the volume of public debt in recent years, the extent of the use of state debt obligations by organizations of the corporate banking sector in portfolio investments. The period of the key rate increase, which is characterized by an atypical situation for the exchange market: a weak inverse relationship between the studied indicators was additionally studied on the basis of duration. As a result, it was found that bonds with a duration of 1-3 years were the most profitable, according to the evaluation results, since there was a close relationship between the return on investments in them and market rates: a decrease in market rates led to an increase in their yield. Moreover, the main directions for the expansion of the generalized analysis of market parameters of the circulation of government bonds were identified in order to determine more stable, characteristic trends in its development and factor relationships in them.

This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

In the article the prospects of development of innovative processes at a regional level the system of indicators of assessment effective components of innovation potential of the region. A conclusion about the predominance in the economy of the regions under study investment options for updating technology has been made based on the calculation and analysis of indicators of innovation investment in the fixed capital.