- Alexander Sychev
- Alexey Bulgakov
- Alisa Zakirova
- Andrew Keeley
- Anton Stroutchenevski
- Artem Vinogradov
- Ekaterina Sidorova
- Elena Tsareva
- Igor Vasilyev
- Nikolay Minko
- Rodion Lomivorotov
- Sergei Konygin
Debt Markets Today - March 12, 2018
CIS EUROBOND MARKETWhile Russian investors were away on Thursday and Friday (for a national holiday), long-dated Russian sovereign Eurobonds lost 0.2-0.4 pp in price. In the Russian corporate segment, Gazprom papers maturing in 2034 and 2037 lost 0.4 pp apiece, which made them the biggest losers going into the weekend, while the EDC 20 added 0.2 pp to lead the gainers. In the CIS sovereign Eurobond space, long-dated Kazakh paper slipped 0.4-0.5 pp, while prices in the above-mentioned markets changed insignificantly.
GOVERNMENT DEBT
The OFZ market continued to see limited activity on Wednesday, and volumes were below average. Yields eased along the curve, but by no more than 2 bps, with the exception of the OFZ 25083, whose yield rose 3 bps to 6.62% after the auction of 11y and 4y paper.
STORIES
> Russian prices rise 0.1% over previous week
> Sovereign Eurobonds: Russia 27 and 47 may be tapped
> What type of Eurobonds will the Finance Ministry place?
> CBR to increase risk weights on lower rate consumer loans
> Global Ports 2017 IFRS preview
> MHP announces tender for Eurobond buyback, forthcoming new issue
MHP is a holding company. Through its subsidiaries, Co. is engaged in poultry and related operations, grain growing, as well as other agricultural operations. Co.'s poultry and related operations integrate all functions related to the production of chicken, including hatching, fodder manufacturing, raising chickens to marketable age, processing and marketing of branded chilled products and include the production and sale of chicken products, sunflower oil, mixed fodder and convenience food products. Grain growing produces and sells grains. Other agricultural operations comprise the production and sale of cooked meat, sausages, beef, milk, goose meat, foie gras, fruit and feed grains.
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.