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Local sovereign debt: in the red

 
05.12.2014
OFZs traded visibly softer yesterday. At the end of the day, the curve widened near 20-30bp with the belly underperforming. Overall, RFLB 28 (YTM 11.14%) lost 1.00pp in price, while RFLB 19 6.70 (YTM 11.56%) was down around 0.9pp.
Maxim Korovin, Tatyana Zueva
VTB Capital analyst

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OFZ

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