- Anton Stroutchenevski
- Artem Vinogradov
- Ekaterina Sidorova
- Igor Rapokhin
- Olga Sterina
- Research Team
- Rodion Lomivorotov
Debt Markets Today - August 16, 2021. Russian 2Q21 GDP Print, Alrosa and Rusal 1H21 Financials, Ukrainian July Inflation Reading
CIS EUROBOND MARKETTrading activity in the CIS Eurobond market remained weak on Friday, despite the rally in US Treasuries. Quotes on Russia's long-dated sovereign issues closed 0.2-0.3 pp higher, albeit on thin volumes. The most heavily traded issues were the euro-denominated papers due in 2025, 2032 and 2036.GOVERNMENT DEBTOFZ yields traded sideways in the first half of Friday's trading session and then fell 2-4 bps in the second half on somewhat dovish comments from the CBR about signs of an ease in inflationary pressure as well as a sharp decline in US Treasury yields at the open on Wall Street. Total trading volumes remained close to the recent average at around R37 bln.STORIES> Russian GDP rises by 10.3% y-o-y in 2Q21> Alrosa publishes 2Q21 financial results> Rusal publishes 1H21 financial results> Inflation in Ukraine climbs to 10.2% y-o-y in JulyAK 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.
United Company Rusal is a producer of aluminium and alloys. Co.'s production chain include bauxite and nepheline ore mines, alumina refineries, aluminium smelters and casting houses, foil mills and packaging production centres. Co. operates in four reportable segments: Aluminium, which is involved in the production and sale of primary aluminium; Alumina, which involved in the mining and refining of bauxite into alumina and the sale of alumina; Energy, which include the mining and sale of coal and the generation and transmission of electricity; Mining and Metals, which includes the equity investment in Co.'s joint venture, PJSC MMC Norilsk Nickel.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.