Sberbank - Debt Markets Today - September 12, 2018

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Sberbank

Alexander Golinsky ...

Alexander Sychev
Alexey Bulgakov
Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Nikolay Minko
Rodion Lomivorotov
Sergei Konygin

Debt Markets Today - September 12, 2018

CIS EUROBOND MARKETAn absence of negative news helped Russian sovereign quotes to recover. The Russia 47 jumped 0.8 pp to 92.6% (YTM 5.8%, Z-spread 273 bps), while the Russia 27 advanced 0.5 pp to 94.4% (YTM 5.0%, Z-spread 203 bps).GOVERNMENT DEBTOFZ quotes moved higher in the morning, and after the Finance Ministry cancelled the scheduled OFZ auction, citing unfavorable market conditions, the decline in yields intensified. Yields ended an average of 18 bps lower in maturities up to 5y and 25 bps lower in longer paper. Volumes were again close to R30 bln.STORIES> Capital outflows climb to $5 bln in August> CBR Preview: A 50 bp hike likely> IMH launches buyback offer for Eurobonds due in 2022> Standby agreement might be on the table> Eurotorg reports 1H18 IFRS results

12/09/2018 39 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 Golinsky

Alexander Sychev

Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Nikolay Minko

Rodion Lomivorotov

Sergei Konygin

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Debt Markets Today - September 12, 2018

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Commodities Daily - March 24, 2022

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