OREANDA-NEWS. On Friday, the OFZ market trailed FX market dynamics. Decent RUB performance in the early trade spurred risk appetite, pushing the long end 1.1-1.3pp into the black. However, in the afternoon OFZ bonds began to lose momentum following the correction on the FX market. As a result, the long end closed 0.4-0.5pp higher in price, while the belly firmed 0.3pp.

Maxim Korovin, Tatiana Zueva
VTB Capital analysts