Russian bonds recommended to investors by HSBC emerging market specialist

HSBC VP Olga Yangol

Russian bonds: In an interview with the Spanish newspaper El Confidencial last week, HSBC Vice President and emerging market specialist Olga Yangol suggests that  Russia is  – along with Brazil –  currently among the most attractive options for bondholders. “Russia has gone to a floating exchange rate and we welcome this because it compensates [for lack of] growth and for the decline of the country’s export goods prices,” she said. Russia’s high interest rates also made it attractive for investors. “Right now it makes sense to invest.”