Sberbank - Debt Markets Today - September 7, 2020

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Sberbank

Alexander Golinsky ...

Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Nikolay Minko
Research Team
Rodion Lomivorotov

Debt Markets Today - September 7, 2020

CIS EUROBOND MARKETA sharp uptick in US Treasury yields sparked a selloff in the Russian sovereign Eurobond market on Friday. Prices fell 0.8-0.9 pp at the long end and 0.2-0.4 pp in the middle of the curve.GOVERNMENT DEBTOFZ yields came down 3-5 bps at the long end of the curve on Friday amid a relatively stable geopolitical backdrop. Trading volumes totaled R15 bln and were spread fairly evenly across the curve. Today is a holiday in the US, so volumes are likely to remain subdued.STORIES> Strong rebound in short run, slowdown in medium run> Inflation accelerates to 3.6% y-o-y in August> Finance Ministry now looking to place R4.2-4.5 trln this year

07/09/2020 41 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

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Research Team

Rodion Lomivorotov

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Debt Markets Today - September 7, 2020

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Russia FX/Rates Snapshot - March 24, 2022. Ruble Could Take a Pause After Sharp Gains

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