Russ-Invest Released March 21 Fixed Income Daily
OREANDA-NEWS. March 21, 2012. At corporate sector of the rouble debt market continued dynamics of the previous trading session. Bonds with various duration moderately grew, except for a section 1-2 years which used the highest for last two weeks demand. Average falling in considered issues has made 0,13% therefore the market as a whole has decreased on 0,04% at the expense of insignificant growth of the remained bonds.
Retail and transport segments rose in price on 0,44% and +0,27% respectively, however couldn't render strong influence on alignment of forces in view of low activity in segments. The second session in an essential minus closed bonds of development segment (-1,1%). Also negative dynamics was shown in metals&mining and a telecommunications (-0,05%).
OFZs quotations continued the descending movement begun this week. Average falling has made 0,12%. Worse the market looked distant section of curve (-0,18%). Today Minfin will offer 7-year OFZ-26208 on 35 bln rbl. The reference point of YTM is in a corridor of 7,55-7,65%, that`s on 1 b.p. lower, than at the secondary market. Therefore results of auction hardly will appear successful in view of absence of the award and low liquidity of issue (in circulation there are bonds only on 8 bln rbl.).
Комментарии