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Russian Weekly Monitor: Eurobond market remains highly sensitive to the global environment - in particular, the Fed’s decision on interest rates

Name: 24/05/2004. Raiffeisen Bank (Russia): Russian Weekly Monitor: Eurobond market remains highly sensitive to the global environment - in particular, the Fed’s decision on interest rates
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

24/05/2004 | Raiffeisen Bank (Russia)

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• The Russian Eurobond market experienced an upturn
correction over the past week, with most issues enjoying
price increases. This is, however, only a mild correction
in the wake of the recent plunge and the Eurobond
market remains highly sensitive to the global
environment - in particular, the Fed’s decision on
interest rates.
• At the same time, rouble bonds were sluggish last week,
responding to a combination of both global market and
rouble-dollar rate uncertainty.

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