Sberbank - Debt Markets Today - December 16, 2020

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Sberbank

Alexander Golinsky ...

Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Nikolay Minko
Olga Sterina
Research Team
Rodion Lomivorotov
Yuri Popov

Debt Markets Today - December 16, 2020

CIS EUROBOND MARKETGlobal sentiment improved yesterday, and Russian Eurobonds managed to close the gap on peers caused by the recent headlines on alleged cyber-attacks against US government agencies. The Russia 47 advanced 0.9 pp to 138.0% (YTM 3.1%, Z-spread 186 bps).GOVERNMENT DEBTThe OFZ market yesterday continued to react with restraint to geopolitical news amid strong demand for risk assets. Rising geopolitical risks caused yields to rise 2-4 bps in the 5-7y segment and 1 bp further along the curve. Volumes were again fairly limited at R17 bln.STORIES> Industrial production shows improvement in November> CBR Preview: Rates likely to be kept on hold> Fed to refrain from more stimulus amid growing vaccine optimism> S&P puts GeoProMining on CreditWatch, with negative outlook

16/12/2020 16 EN

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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 Golinsky

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Olga Sterina

Research Team

Rodion Lomivorotov

Yuri Popov

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Debt Markets Today - December 16, 2020

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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