Sberbank - Debt Markets Today - April 4, 2018

Report

Sberbank

Alexander Kudrin ...

Alexander Sychev
Alexey Bulgakov
Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Mikhail Sheybe
Nikolay Minko
Rodion Lomivorotov
Sergei Konygin
Yuri Popov

Debt Markets Today - April 4, 2018

CIS EUROBOND MARKET
Russian sovereign Eurobonds advanced yesterday, led by the Russia 43, which jumped 1.1 pp to 112.3% (YTM 5.0%, Z-spread 216 bps). The Russia 27 rose 0.3 pp to 99.9% (YTM 4.3%, Z-spread 148 bps).

GOVERNMENT DEBT
Selling predominated, with yields climbing 5-9 bps at the short end and 1-3 bps at the long end. Volumes were slightly below average.

STORIES
> Russian basic sector output rises 1.5% y-o-y in February
> NC KMG announces Eurobond buyback and large new placement
> Metinvest announces tender results, sets price guidance for new issue
> FX interventions to recover after unexpected dip in March
> Early triggers emerge for oil price downturn
> Finance Ministry to offer R20 bln in CPI linker today
> Sistema reports 4Q17 and 2017 IFRS results

04/04/2018 41 EN

Provider

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.

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Analysts

Alexander Kudrin

Alexander Sychev

Alexey Bulgakov

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Mikhail Sheybe

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

Yuri Popov

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Debt Markets Today - April 4, 2018

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Commodities Daily - March 24, 2022

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