- Alexey Bulgakov
- Alisa Zakirova
- Andrey Kuznetsov
- Anton Stroutchenevski
- Artem Vinogradov
- Irina Lapshina
- Rodion Lomivorotov
- Sergei Konygin
- Yuri Popov
Debt Markets Today - August 24, 2018
CIS EUROBOND MARKETPrices on Russian sovereign Eurobonds closed flattish once again yesterday. Volumes were significantly lower than average, as many investors opted to remain on the sidelines amid the heightened geopolitical uncertainty. The only issue that posted a loss for the day was the Russia 28, which sank 0.2 pp in price to 159.7% (YTM 5.0%, Z-spread 211 bps). GOVERNMENT DEBTThe OFZ market kicked off yesterday's session with a sharp drop in prices, but a turnaround in the middle of the day on a recovery in the ruble and demand from locals and foreigners alike pushed yields back toward the previous day's closing levels. They finished up 5 bps on average. Trading volumes totaled R23 bln, with R4 bln coming from both the 3y OFZ 26217 and 8y OFZ 26207.STORIES> CBR halts FX purchases once again, ruble to be boosted> PhosAgro: 2Q18 IFRS results review> MHP reports 2Q18 IFRS results> Ukrainian industrial output growth rises to 2.9% in July on low base> Nostrum Oil publishes 2Q18 IFRS resultsMHP is a holding company. Through its subsidiaries, Co. is engaged in poultry and related operations, grain growing, as well as other agricultural operations. Co.'s poultry and related operations integrate all functions related to the production of chicken, including hatching, fodder manufacturing, raising chickens to marketable age, processing and marketing of branded chilled products and include the production and sale of chicken products, sunflower oil, mixed fodder and convenience food products. Grain growing produces and sells grains. Other agricultural operations comprise the production and sale of cooked meat, sausages, beef, milk, goose meat, foie gras, fruit and feed grains.
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.
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