Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Ekaterina Sidorova
  • Nikolay Minko
  • Rodion Lomivorotov

Debt Markets Today - April 25, 2019

CIS EUROBOND MARKETRussian Eurobonds continued to advance yesterday as US Treasury yields declined. The biggest gains were seen at the long end, where the Russia 35 added 0.4 pp and the Russia 42 and 47 tacked on 0.3 pp apiece.GOVERNMENT DEBTThe 7y OFZ 26226 saw the highest turnover (about R12 bln) yesterday, with nonresident buying prevailing, probably reflecting a delayed reaction to last week's announcement by JPMorgan that it will add the paper to its GBI Global EM indexes. Market turnover amounted to R30 bln. Yields climbed 3-4 bps in the middle of the curve and remained largely flat elsewhere.STORIES> Russian inflation reaches 0.2% between April 1 and April 22> CBR reports rise in nonresident OFZ holdings> Petropavlovsk: 2018 IFRS results and 1Q19 trading update> Gazprom set to report strong 4Q18 results> DBRB prices $500 mln Eurobonds at 6.75% > Ukrainian sovereigns under pressure, we formalize recommendation
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
Alexander Golinsky

Alexander Sychev

Alisa Zakirova

Andrey Kuznetsov

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Nikolay Minko

Rodion Lomivorotov

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