Report
Alisa Zakirova ...
  • Ekaterina Sidorova
  • Igor Rapokhin
  • Olga Sterina
  • Research Team
  • Sergey Kolesnikov, FRM

Debt Markets Today - March 23, 2022. Market Practice for New Foreign Debt Servicing Rules Starting to Take Shape

CIS EUROBOND MARKETThe Finance Ministry has reported that the funds to make the coupon payment in the amount of $65.63 mln on the Russia 29, which is due on March 21, have been received by the National Settlement Depository. GOVERNMENT DEBTOFZ yields continued to fall on the Moscow Exchange yesterday thanks to purchases from retail investors. Yields closed at around 13% on long-dated paper and 15% on issues maturing in 2y. This means a 50-100 bps drop in yields on the day. Certain short-dated papers continued trading with yields in the 17.0-17.5% range. Trading volumes on the exchange totaled R11 bln, which is a little less than half of the average daily figure over January-February.STORIES> Market practice for new foreign debt servicing rules starting to take shape
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

Sergey Kolesnikov, FRM

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