Local sovereign bonds: weaker on the day
On Wednesday, the sovereign yield curve was somewhat weaker on the back of the reduced appetite for risky assets. The long end widened 3-5bp and belly by 2bp. RFLB 20 closed at 7.5% and RFLB 28 at 8.05%.
Maxim Korovin, Anton Nikitin
VTB Capital analyst
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