Report
Alisa Zakirova ...
  • Ekaterina Sidorova
  • Igor Rapokhin

Debt Markets Today - June 22, 2021. Nonresident Inflows Into OFZ Market Pick Up

CIS EUROBOND MARKETDespite the high volatility in benchmark yields, Russian sovereigns did not demonstrate significant moves yesterday. The only notable change came at the long end of the curve, where prices moved 0.2-0.3 pp higher. GOVERNMENT DEBTAs has often been the case recently at the beginning of the week, OFZ yields moved higher yesterday in anticipation of the Finance Ministry's auction announcement. This came also as long-dated US Treasury yields climbed 8-10 bps yesterday. The gain in OFZ yields ended up being 1-3 bps, with volumes coming in at just R12 bln, which is significantly below what was seen last week and only 60% of the average volumes seen over the past month.STORIES> OFZ Weekly Flows: Nonresident inflows accelerate
Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Alisa Zakirova

Ekaterina Sidorova

Igor Rapokhin

Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch