- Alexander Sychev
- Alexey Bulgakov
- Andrey Kuznetsov
- Andrey Gromadin
- Anna Kotelnikova
- Anton Stroutchenevski
- Artem Vinogradov
- Ekaterina Sidorova
- Nikolay Minko
- Rodion Lomivorotov
Debt Markets Today - May 17, 2019
CIS EUROBOND MARKETCIS Eurobonds gapped higher at the open yesterday and continued to advance throughout the session despite a rise in benchmark yields. Russian sovereign Eurobonds posted rather solid gains amid an absence of catalysts. The Russia 47 tacked on 0.9 pp to reach 103.76% (YTM 5.0%, Z-spread 247 bps), while the Russia 35 rose 0.6 pp to close at a record high of 103.71% (YTM 4.76%, Z-spread 231 bps).GOVERNMENT DEBTDemand for OFZs continued to pick up yesterday, including in the middle of the curve, where it was particularly high among foreigners. In the first half of the day, OFZ yields slid 5-9 bps, but in the evening offers began to predominate, paring the declines from the 3y mark and out to 4-6 bps. The most traded paper yesterday was the OFZ 26226 (October 2026, 7.95%).STORIES> Russia's current account surplus reaches $45.5 bln in 4m19> Cameron LNG launch indicates further gas pricing risks> VEB's transfer of Sviaz-Bank to Promsvyazbank starting to take shape> PhosAgro reports strong 1Q19 IFRS results> Gazprom downgrades export guidance> Russian Railways places EUR500 mln green bond
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.
PhosAgro is a producer of phosphate-based fertilizers. As of Dec 31 2014, Co. had two segments: Phosphate-based products, which includes mainly production and distribution of ammophos, diammoniumphosphate, sodium tripoly phosphate and other phosphate based and complex (NPK) fertilisers on the factories located in Cherepovets, Balakovo and Volkhov, and production and distribution of apatite concentrate extracted from the apatite-nepheline ore, which is mined and processed in Kirovsk; and Nitrogen-based products,which includes mainly production and distribution of ammonia, ammonium nitrate and urea on the factory located in Cherepovets.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.