Sberbank - Debt Markets Today - March 29, 2018

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Sberbank

Alexander Kudrin ...

Alexander Golinsky
Alexey Bulgakov
Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Nikolay Minko
Rodion Lomivorotov
Sergei Konygin

Debt Markets Today - March 29, 2018

CIS EUROBOND MARKET
Russian sovereign Eurobond quotes moved higher yesterday. The Russia 42 led the way with a rise of 0.4 pp to 107.7% (YTM 5.1%, Z-spread 223 bps), followed closely by the Russia 43. The Russia 27 moved 0.2 pp higher.

GOVERNMENT DEBT
Nonresidents were again selling short and intermediate issues. The yield on the 3y OFZ 26217 (August 2021) climbed the most, surging 10 bps to 6.53%.Yields were little changed at the long end, and volumes were well below average. Most of the turnover was concentrated in the OFZ 29011 floater, which fell 13 bps in price to 102.95%.

STORIES
> Weekly inflation in Russia returns to 0.1%
> UK to examine limiting settlement of Russian sovereign Eurobonds
> Finance Ministry plans to book-build for new CPI linkers
> Petropavlovsk publishes 2017 IFRS results
> Belarus still plans to issue panda bonds in 2018

29/03/2018 40 EN

Provider

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.

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Analysts

Alexander Kudrin

Alexander Golinsky

Alexey Bulgakov

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

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Debt Markets Today - March 29, 2018

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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