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: lacking support

 
06.04.2015

On Friday, in the absence of foreign participants the market opened on a softer footing, moving further into red during the session. Hence, the curve slipped 0.2-0.3pp in price, while the long-dated tenors lagged behind. Yields climbed up near 10-13bp. Specifically, RFLB 23s lost 0.5pp in price, and RFLB 22 (YTM 12.09%) dipped in price 0.45pp. The curve remains slightly inverted, with 2s10s spread standing at -40bp now.


Maxim Korovin, Tatiana Zueva
VTB Capital analysts

Tags:
OFZ

Back to the list



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