Sberbank - Debt Markets Today - December 17, 2020

Report

Sberbank

Alexander Golinsky ...

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

Debt Markets Today - December 17, 2020

CIS EUROBOND MARKETOptimism in global markets yesterday buoyed prices on Russian sovereign Eurobonds. Long-dated issues added 0.3-0.4 pp. GOVERNMENT DEBTAt yesterday's second OFZ auction, for the 10y CPI linked OFZ 52003 (July 2030), rising inflation drove higher demand. We believe the momentum is likely to carry over to the secondary market moving forward. For more, including information on the other auction, see the story below.STORIES> Russian weekly inflation stays at elevated 0.2%> Russian Inflation Monitor: Government acts to curtail price growth> Fed: Rates, QE unchanged, but guidance and forecasts updated> OFZ auction results; opening rec to buy inflation linkers> Economic dynamics in Kazakhstan improve in November

17/12/2020 17 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 Golinsky

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Research Team

Rodion Lomivorotov

Yuri Popov

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Debt Markets Today - December 17, 2020

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Debt Markets Today - March 24, 2022. Ruble Settlement for Gas, Russian Weekly Inflation, Severstal Unable to Pay Coupon on Eurobond

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