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Local sovereign debt: little changed

 
22.09.2014
On Friday, OFZs closed a bit stronger in the long end, but overall price action was quite muted. In particular, RFLB 28 (YTM 9.58%) inched up near 15bp in price, while RFLB 21 (YTM 9.51%) gained around 10bp in price terms. On the belly, quotes barely increased, rising 5bp at best. Hence, in the end yields on the longer end moved down near 2bp, while the belly and front end remained largely unchanged.
Maxim Korovin, Tatiana Zueva
VTB Capital analyst

Tags:
OFZ

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