Russian assets held firm on Friday in advance of Ukraine’s parliamentary elections on Sunday. Rather than take profit from an impressive week-long rally that has left Russian bonds hovering close to where they were before the Crimea crisis began in February, investors have bet on a market friendly outcome from the Ukraine vote. A resounding win for frontrunner Petro Poroshenko could allow Russian bonds to start closing in on levels last seen in January, said debt bankers.
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