Sberbank - Halyk Savings Bank of Kazakhstan GDR (H4L1) ... Debt Markets Today - March 15, 2019

Report

Sberbank

Alexander Sychev ...

Alisa Zakirova
Andrew Keeley
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Kirill Rogachev
Nikolay Minko
Rodion Lomivorotov
Yuri Popov

Debt Markets Today - March 15, 2019

CIS EUROBOND MARKETOn the Russian sovereign Eurobond market, only the long end saw tangible moves (down 0.2-0.3 pp). US investors predominated on the offer side.GOVERNMENT DEBTThe OFZ market was again not particularly active, and turnover was concentrated in the issues placed at auction on Wednesday (the 3y OFZ 26209 and 10y OFZ 26224), as well as in the 5y OFZ 26223. However, yields were little changed. Volumes totaled R15 bln.STORIES> Russia's budget registers deficit of R57 bln in February> Federal Reserve Preview: Hinting at no more hikes?> Metalloinvest reports 2018 IFRS results> National Bank of Ukraine keeps policy rate unchanged at 18.0%> Halyk Bank: Strong 4Q18, driven by NII/NIM, low provisions and costs

15/03/2019 41 EN

Underlyings

Halyk Savings Bank of Kazakhstan GDR

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US46627J3023 Kazakhstan

Halyk Savings Bank of Kazakhstan JSC

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KZ000A0LE0S4 Kazakhstan

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Alexander Sychev

Alisa Zakirova

Andrew Keeley

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Kirill Rogachev

Nikolay Minko

Rodion Lomivorotov

Yuri Popov

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Debt Markets Today - March 15, 2019

WOOD Daily: HSBK LI; DIA PW; KTY PW; KTY PW; CEZ CP; PL Macro; GR Macro; KAP LI; ENA PW; PKN PW; JMT PL; DNP PW; EUR PW

Halyk Bank: efficient frontier (stays BUY)

The Rear-View Mirror – EME markets: Türkiye in the red, again

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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