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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
RUSSIA
- Local & USD rates trade marginally in the green this morning, having sold off yesterday as threats of US debt sanctions sparked some risk aversion in both OFZs and their USD counterparts.
- The OFZ curve shifted +4-7bp higher across the breadth with a bear steepening bias – 7-15Y tenors ended +7bp higher.
- W/w the OFZ curve remains bear flatter with 3m-10Y tenors +12.17bp higher on week.
- Russia's 5Y CDS also stands +7.785bp higher on w/w, but showed little response to the US threats of debt sanctions – ending marginally higher in yesterday's session.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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