Russian 15-year bond yield increases to a record high

Source: Bloomberg
Russian 15-year bonds increased by three basis points, or 0.03% percentage point, and reached 7.39% yield, which is a record high, since the bond started to trade in January. Domestic bond's yield surges, as inflation accelerated to 7.3% in February, comparing with month earlier. Also, higher interbank rates, made longer maturity bonds less profitable for local investors, as lending rate reached 6.27% in the end of February.
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