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Emerging MarketsEM CEE

Inflows of $3bn expected as Russia rejoins IG

Moscow Russia 230px

Russia’s return to investment grade status could unlock $2bn-$3bn of passive inflows, according to analysis by Goldman Sachs — though this is expected to result in a gradual grind, rather than a sudden snap tighter in spreads. Bankers said that credit committees may also consider lending to Russia again.

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