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Local sovereign debt: back to 11.0%

 
05.06.2015

Yesterday's session for the OFZ market was rather weak. At the end of day, the curve widened 25-30bp along all tenors, with the 5s10s spread broadly unchanged at -25bp. The longest issues lost 1.6pp in price, while the belly weakened 0.9pp.

Maxim Korovin, Tatiana Zueva
VTB Capital analysts

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OFZ

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