Rus News Journal

Dollar exchange rate growth has recovered a bond market

Yesterday`s succession of events in the debt market was logic continuation of Monday when after rouble falling to dollar of the price for rouble bonds have gone downwards. According to the senior trader of Citybank Evgenie Zajchikova, as the debt market opens after the auctions on currencies, to the beginning of trading day the opinion of participants has been already generated also sales have proceeded . First of all on sale bonds of the first echelon have been exposed. Following the results of day of the price have fallen on 0,3 - 0,7 %, bonds Gazprom and Moscow have lost in the price nearby 1 %. In a greater degree the prices have fallen to longer releases, - Promsvjazbanka Oleg Burylin has noted the deputy chief of department of trading operations. - Investors reduced a duration of the portfolios . The prices and under the state bonds fell. On the average quotations of long releases of federal loan bond have fallen on 0,6 - 0,7 %. At the same time the Central Bank managed to place federal loan bond #26198 of own portfolio with profitableness of 7,3 % annual that a little below values, than in previous days.
according to Evgenie Zajchikova, sales go on serious volumes : But, considering a rise in prices which we observed from the beginning of year, it is possible to tell that all stock is now won back. The increase volatilnosti the market rouble - dollar (the material see p. 14) will cause also sharper fluctuations in rouble bonds . At the same time, according to the senior trader of YOKES Russian funds Dmitriev`s Novel, by holidays the market is stabilised: Investors will traditionally put available free money resources for long days off in the beginning of May .