Report
Alexander Golinsky ...
  • Alisa Zakirova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Nikolay Minko
  • Research Team
  • Rodion Lomivorotov

Debt Markets Today - October 1, 2020

CIS EUROBOND MARKETThe recovery in risk appetite in global markets yesterday boosted demand from local investors in Russian sovereign Eurobonds. Leading the way were the Russia 42 and Russia 35, which both added 0.3 pp in price on the day. GOVERNMENT DEBTThe ruble's advance boosted OFZ quotes yesterday, and yields ended 6-9 bps lower in the 3y+ segment. The market gains helped to boost turnover to R33 bln, compared with R20 bln on Tuesday. We attribute the increased demand to end-quarter portfolio rebalancing as well as the ruble appreciation.STORIES> Duma publishes 2021-23 federal budget bill> Basic sector output slips 5.2% y-o-y in August> Prices flat for second straight week last week> Finance Ministry aiming to raise R2 trln in 4Q20> Eurotorg to place 5y Eurobonds to finance bond buyback
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

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Research Team

Rodion Lomivorotov

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