Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Alisa Zakirova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Nikolay Minko
  • Rodion Lomivorotov

Debt Markets Today - March 25, 2020

CIS EUROBOND MARKETRussian sovereign Eurobonds continued to take their cue from global risk appetite yesterday, and trading volumes were again muted. Long-dated issues added 4.8-5.1 pp, while medium-dated issues tacked on 2.6-3.0 pp.GOVERNMENT DEBTOFZ yields fell 45-50 bps yesterday as risk appetite staged another recovery. Activity was dominated by local accounts. Volumes remained thin throughout most of the session, with a spurt coming in the evening to give a total volume of R50 bln, which was mainly concentrated at the long end. As expected, the Finance Ministry decided not to resume its weekly OFZ auctions today due to high volatility in markets.STORIES> OFZ selling by nonresidents is easing> Russian Agricultural Bank posts 2019 IFRS results> Alrosa: India shuts down its key diamond polishing hub> Ukraine expects to receive new IMF financing soon> Slower Ukrainian GDP growth in 4Q19 driven by inventory depletion
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

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Rodion Lomivorotov

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