Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Mikhail Sheybe
  • Rodion Lomivorotov

Debt Markets Today - December 4, 2018

CIS EUROBOND MARKETAmid rebounding risk appetite yesterday, Russian sovereign bonds made gains. However, a lack of sellers in the market meant that volumes were modest. The Russia 47 outperformed, adding 1.3 pp, followed by the Russia 43, which added 1.0 pp. GOVERNMENT DEBTWith the ruble strengthening, OFZ yields fell 5-9 bps across the curve on the opening and continued to fall throughout the day. They closed 5-6 bps lower in papers maturing before or at 6y and down 7-11 bps further along the curve. Trading was light, however, with volumes totaling R12 bln.STORIES> Basic sectors output rebounds strongly in October> Russian investment growth accelerates in 3Q18> OPEC meeting preview: Cornered kingdom> Gazprom opens books on yen-denominated bonds
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 Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Mikhail Sheybe

Rodion Lomivorotov

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