Sberbank - Debt Markets Today - March 31, 2021

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Sberbank

Alexander Golinsky ...

Alisa Zakirova
Ekaterina Sidorova
Igor Rapokhin
Nikolay Minko
Olga Sterina
Research Team

Debt Markets Today - March 31, 2021

CIS EUROBOND MARKETPrices on Russian sovereign Eurobonds moved lower yesterday. The biggest drop came in the Russia 43 and 47, which moved 0.8 pp lower. GOVERNMENT DEBTWith UST yields back on the rise and the ruble under pressure, OFZ yields rose yesterday. An additional factor was the Finance Ministry's weekly auctions announcement (see below). By the day's end, yields had risen by 5-8 bps in issues up to 7y and by 9-12 bps in longer issues. Turnover amounted to R19 bln.STORIES> Foreigners in no rush to buy OFZs; borrowing plan update in focus> Petropavlovsk presents production and capex forecasts for 2021

31/03/2021 44 EN

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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 Golinsky

Alisa Zakirova

Ekaterina Sidorova

Igor Rapokhin

Nikolay Minko

Olga Sterina

Research Team

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Debt Markets Today - March 31, 2021

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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