OFZ yields continue to grow in May
16 June 2021
News
Federal government bonds (OFZs) with all maturities demonstrated a rise in yields. Short-term yields edged up most significantly amid expectations of a faster increase in the key rate.
The ruble became stronger as a result of a positive external environment and lower risks of sanctions.
Returns on retail deposits went up in April, driven by the rise in the key rate. Credit rates remained relatively low in March—April, while showing signs of a gradual growth in May.
More details are available in the new issue of the Banking Sector Liquidity and Financial Markets commentary.
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