OREANDA-NEWS. April 01, 2015. Yesterday, the OFZ curve was well bid, perhaps, thanks to the re-investment of above mentioned OFZ redemptions. The curve moved down 15bp in the long end and 5-7bp on the belly.

Hence, RFLB 28 (YTM 11.87%) moved up near 0.7pp, price-wise, whilst the 2s10s OFZ spread nudged down slightly.

Maxim Korovin, Tatiana Zueva


VTB Capital analysts