July 2017

01.07.2017 - Emerging Markets Corporate Bonds Update for June 2017

• ERSTE BOND EMERGING MARKETS CORPORATE celebrates its 10th anniversary, generating a 6.35% p.a. since inception
• Political turmoil in Brasil: further evidence on President Temer’s corruption practices
• Immediate depreciation of the Roubel as oil price falls, also reflected in the decrease of the Gazprom bond price
• Flat performance of the asset class in June

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