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Revision as of 02:28, 12 November 2014
I work with computers <a href=" http://www.jacquelot.com/obtain-credit-scores#organs ">same day cash advance loan</a> Foreigners’ ÃÂ increased interest will have several consequences.ÃÂ Their share of Russian local bond markets, currently only 14 percent, should go up. The inflows are also likely to significantly drive down yields, cutting borrowing costs for the sovereign, and ultimately corporates. Already, falling OFZ yields have been driving local bank investment out of that market and into corporate bonds (Barclays estimates their share of the OFZ market has dropped more than 15 percentage points since early-2011). ÃÂ And the increased foreign inflows should act as a catalyst for rouble appreciation.
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