Debt Markets Today - June 1, 2018
CIS EUROBOND MARKETRussian sovereign quotes continued to retreat. The long end of the curve suffered the most (down 0.5-0.7 pp), led by the Russia 47, which dropped 0.7 pp to 95.1% (YTM 5.6%, Z-spread 266 bps). The Russia 27 declined 0.2 pp to 97.1% (YTM 4.6%, Z-spread 175 bps).GOVERNMENT DEBTA wave of buying in the morning sent yields 1-5 bps lower along the curve, but after lunch the trend reversed and yields began to climb. Yields closed 1-2 bps higher at the long end while shorter issues closed largely flat. Volumes were slightly above average, with just under R3 bln changing hands in both the 10y OFZ 26212 (January 2028, 7.05%) and 9y OFZ 26207 (February 2027, 7.38%).STORIES> US deadlines on Rusal and En+ security transactions extended again> Russian Agricultural Bank publishes 1Q18 IFRS results
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.