Select your city:
Moscow

VTB Bank call center

+7 (800) 200-77-99
+7 (495) 739-77-99
For general information and enquiries

Local sovereign debt: more flattening under way

 
06.11.2014
Yesterday, the OFZ curve flattened further, with front-end bonds trading up in yield near 10bp, while the longest RFLB 28 (YTM 9.97%) closed about 5bp down yield-wise. Hence, the 2s10s spread tightened to -13bp yesterday, a fresh record low. Overall, we believe the OFZ market remains very well bid, especially in the long end, which is still probably short-squeezed now.
Maxim Korovin, Tatyana Zueva
VTB Capital analyst

Tags:
OFZ

Back to the list



VTB group news subscribe
  • E-mail subscribe
  • RSS lent
    Subscribe
    Subscribe
Download the list of cities.....