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Local sovereign debt: approaching 12%?

 
10.02.2015

Yesterday, the OFZ market continued trading in the black. Long bonds gained some 1.0pp more in price terms, with RFLB 28 down to a yield of 12.16%. Overall, the curve tightened 15-20bp at the long end and on the belly.

Maxim Korovin, Tatiana Zueva
VTB Capital analysts

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OFZ

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