Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Alisa Zakirova
  • Andrew Keeley
  • Ekaterina Sidorova
  • Kirill Rogachev
  • Nikolay Minko

Debt Markets Today - December 18, 2019

CIS EUROBOND MARKETRussian sovereign Eurobonds continued to make solid gains yesterday. Volumes remained light in the absence of sellers. The Russia 47 and 43 added a respective 1.5 pp and 1.2 pp.GOVERNMENT DEBTOFZ yields retreated another 1-3 bps along the curve yesterday, probably thanks to residual support from the redemption of R150 bln of the OFZ 26210 last Wednesday. In 15-20y issues, yields eased 1-2 bps ahead of the Finance Ministry's announcement on which issues it will offer today. They pinged back to where they opened following the announcement that the 20y OFZ 26230 (March 2039) will be placed. Local accounts were also selling these issues, contributing to higher turnover, whereas trading had recently been concentrated in medium- and short-dated issues. Turnover totaled R22 bln.STORIES> Market color> Global markets recap> CIS Eurobond market> FX and money markets> Government debt
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 Golinsky

Alexander Sychev

Alexey Bulgakov

Alisa Zakirova

Andrew Keeley

Ekaterina Sidorova

Kirill Rogachev

Nikolay Minko

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