Report
Alexander Golinsky ...
  • Alisa Zakirova
  • Anastasia Khakhaeva
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Nikolay Minko
  • Olga Sterina
  • Research Team
  • Rodion Lomivorotov
  • Svetlana Sukhanova

Debt Markets Today - February 19, 2021

CIS EUROBOND MARKETPrices on Russia's sovereign Eurobonds barely budged yesterday, except at the long end of the curve, where buyers predominated. The biggest gains were from the Russia 47 (+0.5 pp) and Russia 43 (+0.4 pp).GOVERNMENT DEBTOFZs longer than 10y continued their march higher yesterday morning in the wake of Wednesday's robust auction results. Yields opened 5 bps lower. However, the sharp drop in the ruble in the evening caused yields to ping back to the previous closing levels. The selloff began among local accounts and intensified later, with nonresidents joining the fray.STORIES> January economic statistics show slight deterioration> Russia Economic Monthly: Days of low inflation are over> Alfa Bank posts good 2020 results> VEON 4Q20 IFRS: Russia improving; Pakistani regulatory issues> Gazprom Neft posts strong FCF in 4Q20> ChelPipe 2H20: Worsening financial performance, growing leverage
Underlyings
Gazprom Neft (GDR)

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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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
Alexander Golinsky

Alisa Zakirova

Anastasia Khakhaeva

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Olga Sterina

Research Team

Rodion Lomivorotov

Svetlana Sukhanova

Other Reports on these Companies
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