Report
Alisa Zakirova ...
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Igor Rapokhin
  • Research Team

Debt Markets Today - August 10, 2021. Lukashenko Speaks on Economic Integration with Russia, Constitutional Referendum; UK and US Expand Sanctions against Belarus

CIS EUROBOND MARKETDespite the fact that benchmark dollar rates continued to rise, long-term Russian sovereign Eurobond prices continued to tick higher yesterday, supported by local demand. On the day, the Russia 42 and Russia 43 rose by slightly more than 0.2 pp apiece.GOVERNMENT DEBTAs we had expected, OFZ yields rose over the course of yesterday's trading session in the wake of the rise in dollar swap rates on Friday and ahead of this week's auction. Medium-dated issues finished 5-9 bps higher in yield, while long-dated papers added 5-7 bps in yield. However, trading volumes dropped sharply to just R13 bln.STORIES> How higher real rates will affect the economy and individual sectors> OFZ Weekly Flows: Nonresident inflow remains elevated> Lukashenko talks economic integration with Russia and constitutional referendum; UK and US adopt more sanctions
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
Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Igor Rapokhin

Research Team

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