Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Alisa Zakirova
  • Andrew Keeley
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Kirill Rogachev
  • Nikolay Minko
  • Rodion Lomivorotov

Debt Markets Today - March 26, 2020

CIS EUROBOND MARKETThe general rebound in markets again helped Russian sovereigns to claw back ground yesterday. Long-dated papers added 4.5-5.0 pp, the Russia 47 being the biggest gainer, while intermediate issues rose 2.3-2.5 pp. GOVERNMENT DEBTThe OFZ market again experienced significant volatility yesterday. Yields gapped 15-20 bps lower at the open thanks to an improvement in global risk appetite and in anticipation of the US emergency fiscal package. Later on, they moved sharply higher as oil prices retreated and news emerged that President Putin was about to unveil measures to tackle the coronavirus crisis. Trading dried up but re-emerged in the evening, with nonresidents active on the bid. This sent yields lower again, back to the levels at which they opened. Volumes totaled R37 bln and were again concentrated at the long end.STORIES> Putin announces measures to support the economy> Economic challenges in 2020> Weekly inflation accelerates to 0.3%> Putin's speech: Implications for banks
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

Alexey Bulgakov

Alisa Zakirova

Andrew Keeley

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Kirill Rogachev

Nikolay Minko

Rodion Lomivorotov

Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch