Report
Alisa Zakirova ...
  • Ekaterina Sidorova
  • Igor Rapokhin
  • Olga Sterina
  • Research Team

Debt Markets Today - June 9, 2021. CBR Preview, TMK 1Q21 Results

CIS EUROBOND MARKETQuotes on Russia's sovereign Eurobonds continued to press higher yesterday amid the decline in US Treasury yields, though trading was a bit thin. The Russia 47 and 43 added 0.6 pp and 0.3 pp.GOVERNMENT DEBTYesterday, OFZs reacted to Russia's May inflation print released after trading closed on Monday that showed an acceleration. Yields brushed off the gains in the ruble and dip in dollar yields and moved 8-13 bps higher across all segments. The yield on the 10y OFZ 26235 climbed 12 bps thanks to the fact that a significant volume of the paper will be offered at today's auction. Trading volumes in OFZs on the Moscow Exchange yesterday totaled R23 bln, which is 40% above the 1 month trailing average.STORIES> Facing up to latest inflation data, CBR set to hike by 50 bps> TMK 1Q21 results: Ongoing rise in steel prices limits possibility for quick deleveraging
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
Alisa Zakirova

Ekaterina Sidorova

Igor Rapokhin

Olga Sterina

Research Team

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