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Local sovereign debt: little action

 
03.10.2014
Activity in Russian sovereign bonds was subdued yesterday. The longest notes firmed 10-15bp price wise, while the rest of the curve closed barely changed. Hence, RFLB 28 (YTM 9.43%) tightened 1-2bp in yield. Meanwhile, most of the other EM local sovereign debt markets ended on a stronger footing yesterday.
Maxim Korovin, Tatyana Zueva
VTB Capital analyst

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Russia

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