Report
Alexander Golinsky ...
  • Alexander Sychev
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Nikolay Minko
  • Rodion Lomivorotov
  • Sergei Konygin
  • Yuri Popov

Debt Markets Today - June 6, 2018

CIS EUROBOND MARKETDeclining US Treasury yields and a sliding oil price during the European session spelled a mixed session on the CIS Eurobond market yesterday. This was despite buyers predominating. GOVERNMENT DEBTOFZ yields rose 4-7 bps in tenors of 8y and longer and 2-4 bps on shorter-dated paper. It appears that some foreigners were selling at the long end. The Finance Ministry announced plans to issue R15 bln apiece in both the 7y OFZ 26223 and 10y OFZ 26224 today; both issues rose 3 bps in yield yesterday. With no flight to quality in global markets, we think demand may be sufficient to avoid a premium to the secondary market. STORIES> Russian CPI remains at 0.4% m-o-m in May, driven by gasoline prices> Finance Ministry interventions set to reach new high in June> Ukraine finds itself at an important junction> Sistema releases 1Q18 IFRS results
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

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

Yuri Popov

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