德银-新兴市场-固定收益-评估各地市场的短期保险费3.0版-20180126-20页

DeutscheBankMarketsResearchEmergingMarketsRatesGov.Bonds&SwapsDate26January2018EMFixedIncomeAssessingterm-premiumacrosslocalmarkets-update3.0________________________________________________________________________________________________________________DeutscheBankAG/LondonDISCLOSURESANDANALYSTCERTIFICATIONSARELOCATEDINAPPENDIX1.MCI(P)083/04/2017.ChristianWietoskaStrategist(+44)20754-52424christian.wietoska@db.comGuilhermeMaroneStrategist(+1)212250-8640guilherme.marone@db.comSwapnilKalbandeStrategist(+65)64235925swapnil.kalbande@db.comAnkitJainResearchAssociate(+91)226181-1634ankit.jain@db.comTerm-premiumremainsoneofthemostimportantvariablesforfixedincomeinvestors.Inthispublication,weprovideanotherupdateonterm-premiumacrossEMlocalmarketsandputcurrentlevelsintohistoricalcontext.Thisisthethirdstandalonepublicationonassessi