Fixed Income Analysis /
Russia

Alfa Fixed Income Weekly: Last week the OFZ-market continued to contact

  • Last Tuesday, the RGBI index decreased to its lowest level since December 2018, while the OFZ curve continued to grow

  • Last Friday, the market was pressured because of fears of a possible default by state-owned Rosnano

  • On the primary bond market, activity also decreasing and issuers also cancelled their placements

Elizaveta Naumova
Elizaveta Naumova

Senior Fixed Income Analyst

Alfa
30 November 2021
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