Fixed Income Analysis /
Russia

Alfa Fixed Income Weekly: Last week the OFZ market extended its decline

  • The RGBI index closed at 135.4 last week, its lowest level since January 2019

  • Geopolitical tensions surrounding Ukraine and Belarus pressured the ruble debt market

  • Closer to year end Russian regions are entering the market

Elizaveta Naumova
Elizaveta Naumova

Senior Fixed Income Analyst

Alfa
24 November 2021
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