For individuals: Internet bank
Select your city:

VTB Bank call center

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

Local sovereign debt: stronger following FX


The OFZ market opened a little weaker in the belly and flat on the long end yesterday. However, sentiment improved during the session. At the end of the day, RFLB 28 (YTM 10.11%) gained 0.2pp in price terms, while RFLB 23 7.0 (YTM 10.16%) advanced near 0.3pp. The belly reversed some of the previous losses and closed flat. Hence, the 2s10s spread tightened further, settling in the negative territory again. Overall, yields on the longer end tightened 5-6bp yesterday, while the rest of the curve ended barely changed.

Maxim Korovin, Tatyana Zueva
VTB Capital analyst


Back to the list

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