Sberbank - Debt Markets Today - December 22, 2020

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Sberbank

Alexander Golinsky ...

Alisa Zakirova
Ekaterina Sidorova
Nikolay Minko
Research Team

Debt Markets Today - December 22, 2020

CIS EUROBOND MARKETDespite the risk-off mood across global markets and the sharp movements in US Treasuries, Russian sovereign Eurobonds again showed only slight changes yesterday. An outlier was the Russia 35, which lost 0.2 pp.GOVERNMENT DEBTYesterday, global risk aversion and heightened geopolitical risks (Reuters report that the next US president, Joe Biden, is considering measures against Russia for its alleged involvement in a hacker attack) sent OFZ quotes lower, though turnover was negligible. Yields climbed 7-10 bps along the curve. Volumes came in at just R7.6 bln.STORIES> OFZ Weekly Flows: Minor nonresident outflow in belly of curve

22/12/2020 42 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

Ekaterina Sidorova

Nikolay Minko

Research Team

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Debt Markets Today - December 22, 2020

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Russia FX/Rates Snapshot - March 24, 2022. Ruble Could Take a Pause After Sharp Gains

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