Russian investors bank on bonds linked to consumer prices
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Moscow
RUSSIAN investors caught between an oil rout and a ban on Turkish food are finding a way out in one corner of the bond market: securities that bet that rampant inflation won't go away.
Notes indexed to consumer prices returned 1.2 per cent in the past month compared with declines of 0.4 per cent on nominal bonds and 7 per cent for the Russian currency. Credit Suisse Group AG advises that clients buy the so-called linkers over plain-vanilla debt.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
