Sberbank - Debt Markets Today - August 9, 2018

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Sberbank

Alexander Sychev ...

Alexey Bulgakov
Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Nikolay Minko
Rodion Lomivorotov
Sergei Konygin

Debt Markets Today - August 9, 2018

CIS EUROBOND MARKETRussian sovereign Eurobonds faced heavy pressure yesterday from reports that the US was considering further restrictions against Russia. The Russia 47 underperformed, dropping 1.5 pp to 95.3% (YTM 5.6%, Z-spread 252 bps), while the Russia 28 fell 1.5 pp to 160.9% (YTM 4.9%, Z-spread 188 bps). GOVERNMENT DEBTHeightened fears of further US measures against Russia caused another wave of selling in the morning. Yields closed 16 bps higher on average along the entire curve. After staying largely flat for some time, floaters ended the day down 15-70 bps yesterday. Turnover surged threefold to R32 bln.STORIES> Prices stay flat w-o-w> CBR releases preliminary estimate of nonresident share in OFZs> Prices of Russian banking Eurobonds correct> EuroChem publishes 2Q18 IFRS results

09/08/2018 40 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 Sychev

Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

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Debt Markets Today - August 9, 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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