Report
Alexander Kudrin ...
  • Alexander Golinsky
  • Alexander Sychev
  • Alisa Zakirova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Irina Lapshina
  • Maria Sukhanova
  • Rodion Lomivorotov
  • Sergei Konygin
  • Svetlana Sukhanova
  • Yuri Popov

Debt Markets Today - May 14, 2018

CIS EUROBOND MARKETThe market continued to rally on Friday. The Russia 47 rose 0.9 pp to 95.7% (YTM 5.6%, Z-spread 252 bps), while the Russia 27 advanced 0.6 pp to 97.7% (YTM 4.6%, Z-spread 157 bps). The Russia 5y CDS continued to pare back losses made in previous sessions and narrowed 10 bps on Friday.GOVERNMENT DEBTInvestors were in an upbeat mood on Friday, buoyed by the elevated oil price, ruble strengthening and ongoing dollar weakening on global markets. Yields opened 1-2 bps lower along the curve before demand intensified in the afternoon, and they closed up to 5 bps lower.STORIES> VEON reports 1Q18 IFRS results> Alrosa 1Q18 earnings to be strong on high sales, improved product mix> Ukraine CPI growth slows in April in absence of tariff indexation> Kazakh balance of payments improves further on seasonal factors
Underlyings
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.

VEON Ltd. Sponsored ADR

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 Golinsky

Alexander Sychev

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Maria Sukhanova

Rodion Lomivorotov

Sergei Konygin

Svetlana Sukhanova

Yuri Popov

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