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Local sovereign debt: no move, no groove

 
07.10.2014
Yesterday, activity in the OFZ market was pretty sluggish as was price performance. We noted the longest notes firmed near 10-15bp in price terms with RFLB 28 closing at 9.55%. Overall, yields on the longer end moved down near 2bp, while the belly and front end remained unchanged.
Maxim Korovin, Tatyana Zueva
VTB Capital analyst

Tags:
OFZ

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