Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Nikolay Minko
  • Rodion Lomivorotov

Debt Markets Today - March 14, 2019

CIS EUROBOND MARKETThe Russian sovereign Eurobond market again saw demand from US investors in the belly of the curve, but quotes were little changed. Quotes retreated at the long end (by 0.2-0.3 pp) as local accounts were selling.GOVERNMENT DEBTThe Finance Ministry yesterday placed a total of R91 bln: R34.7 bln in the 3y OFZ 26209 (July 2022, 7.60%), with demand at R61.5 bln, and R56.7 bln in the 10y OFZ 26224 (May 2029, 6.9%) at no premium to the secondary market, demand reaching R83.5 bln.STORIES> Russian consumer prices rise 0.1% last week> Finance Ministry auctions off R91 bln in OFZs yesterday> Bank of Georgia to market debut subordinated Eurobond
Underlyings
Bank of Georgia GDR

Bank of Georgia Group

BGEO Group is a holding company. Together with its subsidiary, JSC Bank of Georgia (the Bank) and other subsidiaries, Co. makes up a group of companies that provide banking, insurance, real estate, utility, leasing, beverage production and distribution, brokerage and investment management services to corporate and individual customers. Co. has two operating segments: banking business, which comprises: retail banking and payment services, corporate investment banking and wealth management operations and banking operations in Belarus; and investment business, which comprises Co.'s stakes in Georgia Healthcare Group PLC, Georgia Global Utilities, m2 Real Estate, Aldagi and Teliani Valley.

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
Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Rodion Lomivorotov

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