Report
Alexander Kudrin ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Nikolay Minko
  • Rodion Lomivorotov
  • Sergei Konygin
  • Yuri Popov

Debt Markets Today - April 5, 2018

CIS EUROBOND MARKET
Bids continued to prevail in the Russian sovereign Eurobond market yesterday. Prices rose 0.3-0.4 pp at the long end, while the rest of the curve saw only minor movements. The day’s biggest gainer was the Russia 43, which added 0.4 pp to 112.8% (YTM 5.0%, Z-spread 212 bps).

GOVERNMENT DEBT
There was moderate demand at the long end of the OFZ curve yesterday, while selling predominated at the front end. Trading volumes were slightly higher than average.


STORIES
> Weekly inflation at 0.1%, inflation expectations little changed in March
> OPCW meeting offers no conclusions
> New US sanctions on Russian individuals may come from oligarch report
> FX interventions to recover, as expected
> Uralkali reports 2017 IFRS results
> Finance Ministry places 10y CPI-linked OFZ bonds
> Metinvest places new Eurobonds
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 Sychev

Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

Yuri Popov

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