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: no auction today

Yesterday, MinFin cancelled the first OFZ auction scheduled for this year, citing unfavourable market conditions. OFZs opened visibly in the red yesterday, with the prices on the long end down near 2.0pp. During the day, selling pressure mounted, with RFLB 28 trading 3.00pp down in price terms, having touched a yield of 15.6%. However, at these levels, some bids appeared, so prices have mostly recovered back to the opening levels. At the end of the day, RFLB 28 lost 2.00pp in price having closed at a yield of 15.4%. Overall, the whole curve moved up 70-75bp on the long end and the belly.
Maxim Korovin, Tatiana Zueva
VTB Capital analyst


Back to the list

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