Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Mikhail Sheybe
  • Rodion Lomivorotov
  • Yuri Popov

Debt Markets Today - December 3, 2019

CIS EUROBOND MARKETFollowing a prolonged bout of gains and a dearth of sellers, Russian sovereign Eurobonds witnessed a selloff yesterday, sparked by a sharp rise in US Treasury yields. The Russia 47 (-1.0 pp) fared the worst, followed by the Russia 43 and 42 (both -0.6 pp).GOVERNMENT DEBTNonresidents were selling off OFZs yesterday, perhaps due to profit taking at the end of the year. Local accounts were buying. Trading was concentrated in the belly of the curve, particularly in the OFZ 26222, which saw R11 bln change hands. Yields closed 3-5 bps higher along the curve, and overall volumes reached R31 bln.STORIES> OPEC+ meeting preview: Hopes for a bullish surprise fading> Additional CBR FX purchases could be cancelled in mid-2020> Gazprom launches Power of Siberia pipeline> Uzbekistan economics: Trusting in growth
Underlyings
Gazprom (GDR)

Gazprom PJSC

PJSC Gazprom is a gas company based in Russia. Co.'s principal activity is the sale of gas. Co. is also involved in other types of activities which include leasing of assets, gas transportation and storage services, sale of gas condensate and refined products. Co. and its subsidiaries and associates operates gas pipelines systems in Russia. Co. is responsible for substantially all gas production and high pressure gas transportation in the Russian Federation. Co. is also a major exporter of gas to European countries. Co. is directly involved in exploration and drilling for hydrocarbons, production of gas and other hydrocarbons and domestic and export sale of gas and other hydrocarbons.

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
Alexey Bulgakov

Alisa Zakirova

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Mikhail Sheybe

Rodion Lomivorotov

Yuri Popov

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