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

Debt Markets Today - October 22, 2020

CIS EUROBOND MARKETLong-dated Russian sovereign Eurobonds remained under pressure yesterday amid a continuing rise in US Treasury yields. The Russia 47 lost another 0.5 pp, while the Russia 42 shed 0.3 pp.GOVERNMENT DEBTOFZs rallied yesterday, with yields trading 1-3 bps lower at one point thanks to a strengthening ruble and a drop in EM local government bond yields. However, despite the healthy outcome to the auction for the 5y nominal issue and the firming ruble, yields eventually snapped back to close flat on the day, perhaps due to persisting concerns about a pickup in volatility around the US elections. Turnover came in at R31 bln.STORIES> Price growth stable at 0.1% w-o-w> Auctions Weekly: R348 bln placed; demand for nominals still weak> Uzbekistan planning Eurobond placement
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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