Yesterday\'s rise in eurobonds today gives way to a decline. Primary market: Alrosa places ECP.

Trading Ideas in the Bond Market

Eurobonds
The most appropriate strategy in the eurobond market in the current environment, in our view, is to buy issues with maturity date in 2012 and holding them till their maturity date.
Among such bonds we would like to draw your attention to:
VTB-12;
Eurochem-12;
Raspadskaya-12;
Promsvyazbank-12;
Alfa-Bank-12;
Tatfondbank-12 ;
NCSP-12.

Ruble Bonds
In the context of «buy and hold» we find interesting the idea of buying the following issues:
Bashneft (2nd and 3rd issue);
Severstal BO-01;
MMC BO-01; MTS-05;
NOMOS-BANK BO-01;
Bank Zenit BO-02.