Sberbank - ALROSA PJSC (ALRS) Debt Markets Today - July 19, 2019

Report

Sberbank

Alexey Kirichok ...

Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Irina Lapshina
Rodion Lomivorotov

Debt Markets Today - July 19, 2019

CIS EUROBOND MARKETRussian sovereign Eurobonds underwent a correction yesterday, led by the Russia 47 (-0.6 pp), while the Russia 42 and 43 lost 0.2 pp apiece. Nonresidents exhibited interest in the middle of the curve, though quotes ended flat on the day.GOVERNMENT DEBTAmid the weakening ruble and in line with EM peers, nonresidents were selling OFZs yesterday. Yields closed 2 3 bps higher in the 7y+ segment. Volumes reached R30 bln.STORIES> Alrosa releases weak 2Q19 trading update> National Bank cuts key policy rate by 50 bps to 17%> Kazakh economic activity accelerates in June

19/07/2019 40 EN

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.

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RU0007252813 Moscow Exchange MICEX-RTS Russia

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

Alexey Kirichok

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

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Debt Markets Today - July 19, 2019

The Rear-View Mirror – EME markets: Turkey still on top (resend)

WOOD Daily: SOLUTION AB; JAHEZ AB; MOH GA; KOFOL CP; PEN CP; PKO PW; SHO PW; ALRS RM; 4IG HB

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Russian Consumer - Unemployment and Income: The Outlook for 2022

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