Fixed Income Regional Market Watch report covers the range of EUR and USD state and corporate Eurobonds issued in CIS, Caucasus, Eastern Europe and extended Region
Emerging market currencies continued to perform well amid continued dollar weakness and stronger economy recovery
The commodity price dynamics reflected the appearance of the mutated COVID-19 variant
Q3 2020 GDP growth came in at -5.6% YoY, below the initial estimate of -3.8% YoY
The NBG kept the refinance rate unchanged at 8.0%
Annual inflation stood at 3.8% in November, unchanged from the previous month
Share of non-residents in government securities posted a slight decrease at 10.8% in November
Russia: GDP drop retreated to 3.7% YoY in November as opposed to 4.5% YoY decline in October
Armenia: Central Bank of Armenia delivered 1.0 PP increase in policy rate
Turkey: Central Bank of Turkey delivered another 2.0 PP rate hike, raising its key rate to 17%
Ukraine: CPI inflation in Ukraine increased to 3.6% YoY in November following 2.6% in the previous month
