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19 @ =.01% YTM — RUB Denominated RFLB 6.4% 5/27/2020 @ 7.45% YTM — RUB =enominated Turkey Garanti 6.25% 4/20/2021 @ 10.74% YTM — USD =enominated — Turkish Bank Turkey Sovereign 7% =/5/2020 @ 8.44% YTM— USD Denominated Turkey Sovereign 12.4% 03/08/28 @ 21 YTM— =RY Denominated Paul =arrett Alpha Group =api
azil local currency bond prices have been very stable. =ost of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom =n BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% YTM denom =n RUB (vs
19 @ 7.01% YTM — RUB Denominated RFLB 6.4% 5/27/2020 @ 7.45% YTM — RUB Denominated Turkey Garanti 6.25% 4/20/2021 @ 10.74% YTM — USD Denominated — Turkish Bank Turkey Sovereign 7% 6/5/2020 @ 8.44% YTM— USD Denominated Turkey Sovereign 12.4% 03/08/28 @ 21 YTM—TRY Denominated 5 EFTA_R1_01826068 EFTA026203
azil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom in BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% YTM denom in RUB (vs
9 @ 7.01% YTM — RUB Denominated RFLB 6.4% 5/27/2020 @ 7.45% YTM — RUB Denominated Turkey Garanti 6.25% 4/20/2021 @ 10.74% VT M — USD Denominated — Turkish Bank Turkey Sovereign 7% 6/5/2020 @ 8.44% YTM— USD Denominated Turkey Sovereign 12.4% 03/08/28 @ 21 YTM— TRY Denominated Paul Barrett Alpha Group Capi
azil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom in BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% litTM denom in RUB (
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