in the coming weeks is expected correction in the market of the Ukrainian eurobond. This is stated in the review of the market, prepared by an analyst of investment group Socrates Михайлом Salnikova.

It appears that good macroeconomic news has ended, and the market would expect a series of maturity sovereign bonds, Eurobonds and Naftogaz Ukreximbank inAugust-September. As a result of very low activity and are approaching maturity, the price of a short paper would remain at the current level, which lead to a slight increase in yield. factor in improving profitability in the medium and long papers may be news about the deterioration of the balance of payments in June, - he believes.

expert recalled that last week the market continued to otygryvat news for the third tranche of credit stand-by the IMF in connection with which there was reduction of quotations of credit-default swaps on 107 bp - With the 1653 bp up to 1546 bp

At the same time, bidding on sovereign Eurobonds were extremely low. The expert explained that the expectations of the players' maturity securities Ukraine 2009 (5 August 2009), the cost of which has not changed in the past week, but due to low profitability Duration increased from 44.8% to 46.4%. The same situation occurred with the sovereign Eurobonds in 2011, the price of which has not changed throughout the week, but yield slightly increased (from 17.16% to 17.25%), he said.

The expert also said that trading in Eurobonds quasi-sovereign sector is distinguished especially active. In particular, the issue Naftogaz 2009 showed a slight increase in yield from 58.9% to 60%, while on paper Ukreximbank 2009 revenue soared from 44.7% to 50.5%. We attribute this to the bank's continuing involvement in the financing of public deficits and the provision of loans to municipal and state-owned companies (an increase of the authorized fund bank to provide credit Aviant and Kharkov aviation), - he explained.

The level of 1050 points for the ruble and the dollar is seen as a psychological indicator signal to a fixed profit
Favorites market race replace each other, and to identify the apparent leader of the trading of securities is not possible
MICEX index may reach the end of the session 1065-1080 the range of items
As the price of oil toward $ 72 per barrel Brent can be expected to enhance the fixation of the profit according to Russian Market speculators
European stock markets closed on Friday, declining
In Asia, the September futures price of oil brand Brent rose by 0.67 dollars
The Cabinet instructed the Ministry of Finance to restructure debt Naftogaz External Borrowing
Meat seat
Russian stock indexes today will remain in positive territory before the end of the day