Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Alexey Kirichok
  • Alisa Zakirova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Irina Lapshina
  • Nikolay Minko
  • Rodion Lomivorotov
  • Vladimir Lezhnev
  • Yuri Popov

Debt Markets Today - January 30, 2020

CIS EUROBOND MARKETOn the Russian sovereign Eurobond market, the Russia 47 again outperformed amid a strong local bid. However, the focal point for trading was the belly, where nonresident demand prevailed, though quotes did not move much.GOVERNMENT DEBTOFZ yields slid further yesterday morning amid a global market consolidation that began the previous evening. Later on, ruble weakness pushed yields back up to where they opened, but they retreated again in the evening, likely due to Russian weekly inflation staying at zero for a second week in a row. By the close, issues maturing in 6y or more were yielding 1-4 bps lower on the day. Volumes came in at R26 bln.STORIES> Prices flat for the second week in row> Government to boost social spending by R4.1 trln in 2020-24> Fed relatively dovish, acknowledging risks and promising more liquidity> De Beers reports strong first 2020 sales cycle> GOGC mandates new Eurobond issue
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 Golinsky

Alexander Sychev

Alexey Bulgakov

Alexey Kirichok

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Irina Lapshina

Nikolay Minko

Rodion Lomivorotov

Vladimir Lezhnev

Yuri Popov

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