Abstract: the article is devoted to the study of the prospects for the development of the Russian financial market, in particular, the market of corporate bonds and structural bonds. The main factors of growth in corporate bond issuance are presented, as well as the main problems that may hinder the development of this segment of the financial market are identified. As an alternative to classic corporate bonds, the authors presented the prospects for the development of structural bonds, which received a legislative framework in 2018. The study provides an assessment of the current market of structural products, which already exists in the financial market and which allows us to assess the future development of the Russian market of structural bonds. The article notes that the Russian market is essentially a commodity reflection of the current system of financial relations in the country. The authors of the study describe and reveal the features of the modern financial market, and assess the factors of potential growth of corporate bonds, and trends in the development of a new alternative emerging in Russia market of structural bonds based on the assessment of the market of structural products. The authors show that the bond market is one of the most effective financing tools in comparison with the same stock market, and in some cases even cheaper. As the analysis shows, bonds are always a paper that has a much lower yield. At the same time, a debt-type contract does not mean a transfer to ownership. Accordingly, there are no conditions under which the bond market can be considered international. This allows determining whether all interested sellers can participate in the market, which in turn can attract additional capital.
Keywords: corporate finance, bonds, securities market, corporate bonds, securities market, structural financial products, derivative financial instruments, structural bonds