Report
Alisa Zakirova ...
  • Andrey Gromadin
  • Ekaterina Sidorova
  • Igor Rapokhin
  • Research Team

Debt Markets Today - October 11, 2021. Gazprom Raises Export Price Guidance

CIS EUROBOND MARKETUS Treasury yields resumed their march higher on Friday, which put pressure on the Russian sovereign Eurobond curve. The Russia 47 and Russia 42 both lost 0.5 pp, while the Russia 43 dropped 0.3 pp.GOVERNMENT DEBTThe recovery in the OFZ market continued on Friday thanks to flows from nonresidents, as it appears that most market players consider yields to have risen excessively. Yields ended up moving 3-5 bps lower, brushing off a rise in US Treasury yields (the 10y climbed another 4 bps to break above the 1.60% mark for the first time since June).STORIES> Gazprom raises export price guidance
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
Alisa Zakirova

Andrey Gromadin

Ekaterina Sidorova

Igor Rapokhin

Research Team

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch