Sberbank - Gazprom Neft (GDR) (GZPFY) ... Debt Markets Today - May 26, 2020

Report

Sberbank

Alexander Golinsky ...

Alexey Bulgakov
Alisa Zakirova
Andrey Gromadin
Anna Kotelnikova
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Nikolay Minko
Research Team
Rodion Lomivorotov
Yuri Popov

Debt Markets Today - May 26, 2020

CIS EUROBOND MARKETYesterday, the Eurobond market was inactive owing to holidays in the US and the UK.GOVERNMENT DEBTThe OFZ market was quiet yesterday due to the holidays in the US and the UK. Yields barely budged and volumes totaled just R18 bln.STORIES> Financial impulse improves in 2Q20 due to stimulus> Support for ruble from exporters' still-high annual dividends> FAS challenges Lukoil's 2017 diamond asset disposal to Otkritie Holding> Gazprom Neft 1Q20 preview> Quarantine drags on Ukrainian economy in April

26/05/2020 41 EN

Underlyings

Gazprom Neft (GDR)

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US36829G1076 Pink OTC Markets United States

Gazprom Neft PJSC

Gazprom Neft PJSC is vertically integrated oil company operating in the Russian Federation, CIS and internationally. Co.'s principal activities include exploration, production and development of crude oil and gas, production of refined petroleum products and distribution and market ing operations through its retail outlets. Co.'s Upstream segment includes the exploration, development and production of crude oil and natural gas (including joint ventures results), oil field services. Co.'s Downstream segment processes crude into refined products and purchases and sells and transports crude and refined petroleum products (refining and marketing).

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RU0009062467 Moscow Exchange MICEX-RTS Russia

Lukoil

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Oil company LUKOIL PJSC

PJSC Lukoil is a vertically-integrated oil company engaged in the exploration and production of crude oil and natural gas. Co. is engaged in all main sectors of the modern oil business including supplies, refining, marketing, transportation, petrochemicals and oil-related activities. Co.'s operations are divided into five business segments: Exploration and Production; Refining, Marketing and Distribution; Chemicals; Power Generation and Other Business Segments. Co. owns and operates refineries in Bulgaria (LUKOIL Neftochim Bourgas AD) and Romania (Petrotel-LUKOIL).

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RU0009024277 Moscow Exchange MICEX-RTS Russia

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

Alexey Bulgakov

Alisa Zakirova

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Research Team

Rodion Lomivorotov

Yuri Popov

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Debt Markets Today - May 26, 2020

AUCTUS ON FRIDAY - 31/10/2025

Vermilion Compass: Weekly Equity Strategy

Vermilion Short Shots: Technically Vulnerable Stocks

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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