Report
Alexander Kudrin ...
  • Alexander Sychev
  • Alisa Zakirova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Irina Lapshina
  • Rodion Lomivorotov
  • Sergei Konygin

Debt Markets Today - May 17, 2018

CIS EUROBOND MARKETRussian sovereign Eurobonds closed higher yesterday, though volumes were low. The Russia 47 led the gains with a 0.5 pp rise to 94.0% (YTM 5.7%, Z-spread 254 bps). The Russia 27 was little changed.GOVERNMENT DEBTVolumes were average. Yields closed as much as 6 bps higher at the short end but fell 2-3 bps in the belly and were unchanged at the long end, with the exception of the OFZ 26224, which was the focus of an additional placement yesterday. It was yielding 6 bps higher at 7.42% by the close. Significant volumes were once more concentrated in the 15y OFZ 26221 (March 2033, 7.70%) and totaled around R7 bln.STORIES> Russian prices rise 0.1% in week ending May 14> Russian GDP grows 1.3% y-o-y in 1Q18> Alrosa reports robust 1Q18 earnings> Ukrainian GDP growth climbs to 3.1% y-o-y in 1Q18> Azerbaijan GDP up 1.2% y-o-y in 4m18> Armenian GDP up 9.6% y-o-y in 1Q18
Underlying
ALROSA PJSC

AK Alrosa PAO. AK Alrosa PAO (Aktsionernaya kompaniya ALROSA PAO or ALROSA Company PJSC), formerly AK Alrosa OAO, is a Russia-based company which is principally engaged in the exploration, mining, manufacture and sales of diamonds. Its operations include five Integrated Mining and Processing Complexes: Mirny, Udachny, Aikhal, Anabar and Nyurba located in the Sakha Republic; sorting divisions and diamond cutting and polishing division. The Company is a member of variable diamonds associations. It operates through several representative offices, branches and subsidiaries, including Alrosa-Nyurba OAO, Almazy Anabara OAO and Severalmaz OAO.

Provider
Sberbank
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.

Analysts
Alexander Kudrin

Alexander Sychev

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

Sergei Konygin

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch