Russia roundup: CBM added to SIB list, NLMK issues, sovereign details buy-back

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Russia roundup: CBM added to SIB list, NLMK issues, sovereign details buy-back

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The Central Bank of Russia (CBR) has added Credit Bank of Moscow (CBM) to its list of systemically important banks (SIBs) this week, prompting a 2.5 cash point rally in the issuer’s subordinated bonds.

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