Sberbank - Debt Markets Today - December 21, 2021. Russia Security Proposals Update; Zelensky on Donbass; OFZ Weekly Flows Review

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Sberbank

Alisa Zakirova ...

Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Igor Rapokhin
Research Team
Rodion Lomivorotov
Yaroslav Lissovolik

Debt Markets Today - December 21, 2021. Russia Security Proposals Update; Zelensky on Donbass; OFZ Weekly Flows Review

CIS EUROBOND MARKETRussian sovereign Eurobonds continued to see low market activity and downward price dynamics yesterday. The Russia 47 and Russia 35 closed worse than the market with losses of 0.5 pp each.GOVERNMENT DEBTAcross most of the OFZ curve, yields declined 1-3 bps yesterday, continuing the movement that started on Friday. Meanwhile, several issues at the short end were down 10 bps as local market participants sought to place free liquidity through the New Year holidays. The 3y OFZ 26227 (July 2024) saw the heaviest trading volumes on the Moscow Exchange yesterday at R9 bln, versus total turnover of R40 bln.STORIES> Russia Economic Monthly: Well prepared for variety of risks> Russia expects urgent response to its security proposals> Zelensky declares Ukraine ready for peaceful resolution to the Donbass conflict> OFZ Weekly Flows: Moderate nonresident outflows continue

21/12/2021 47 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

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Igor Rapokhin

Research Team

Rodion Lomivorotov

Yaroslav Lissovolik

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Debt Markets Today - December 21, 2021. Russia Security Proposals Update; Zelensky on Donbass; OFZ Weekly Flows Review

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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