Report
Alisa Zakirova ...
  • Ekaterina Sidorova
  • Igor Rapokhin
  • Olga Sterina
  • Research Team

Debt Markets Today - September 3, 2021. Petropavlovsk Announces Modernization of Albyn Facility

CIS EUROBOND MARKETWith benchmark yields trending lower, long dollar Russian sovereign Eurobonds saw prices rise by 0.2 pp, while the euro issues added 0.2-0.4 pp on the day. In the Russian corporate segment, outperformers included Gazprom issues and the Lukoil 30, which gained 0.2 pp apiece. Other regional sovereign issues posted bigger gains. In particular, the Belarusian curve continued to rally (prices adding 0.4-0.8 pp), followed by the Armenian issues (up 0.5 pp apiece).GOVERNMENT DEBTTrading activity in OFZs on the Moscow Exchange fell yesterday to R21 bln (60% of the monthly average). The market was pricing in data indicating persistently high weekly inflation: yields rose 2-5 bps in the middle and at the long end of the curve, while short-dated yields climbed 10 bps.STORIES> Modernization of Albyn facility could cost Petropavlovsk R11 bln
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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
Alisa Zakirova

Ekaterina Sidorova

Igor Rapokhin

Olga Sterina

Research Team

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