Debt Markets Today - November 25, 2020
CIS EUROBOND MARKETRussian sovereign Eurobonds remained sluggish, and investors' attention was focused on the Russian corporate segment. The Koks 25 outperformed with a 0.6 pp gain, followed by Gazprom issues (up 0.3-0.5 pp). MKB perps added 0.4 pp. The only decliner was the Alrosa 24, falling 0.3 pp.GOVERNMENT DEBTThe OFZ market remained sluggish yesterday, and yields were little changed. Locals were selling certain long-dated issues. Volumes came in at R18 bln.STORIES> Finance Ministry to auction only one OFZ issue today> Lukoil 3Q20 IFRS results generally good, beat expectations> NC KMG releases 3Q20 IFRS results
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).
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.