February 29, 2016 | Cbonds
|Fyodor Bagnenko, Fixed Income Trader, Dragon Capital:|
After a very weak open marked by selling pressure at the short end, it looked like supply was taken out in the afternoon with the sovereign curve broadly closing 0.5pt down on the day. Similar performance in the quasi-sovereigns, with OSCHAD and EXIMUK 25 trading just above 80. Rumors about PM Yatsenyuk possibly resigning and being replaced by Finance Minister Jaresko came in around the market close, with no liquidity and therefore no clear market reaction. With the weekend not bringing much political clarity, it seems the market will struggle for direction while waiting for more political news.
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||Joint Stock Company "The State Export-Import Bank of Ukraine"|
|Country of risk||Ukraine|
|Country of registration||Ukraine|