Report
Alexander Sychev ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Irina Lapshina
  • Rodion Lomivorotov
  • Sergei Konygin

Debt Markets Today - August 14, 2018

CORRECTION. In the section "Government debt" the bond OFZ 25083 (December 2021, 7.00%) was incorrectly labeled as OFZ 26205 (April 2021, 7.60%).CIS EUROBOND MARKETRussian sovereign quotes continued to slide amid the decline in global risk appetite. The Russia 43 suffered the most, dropping 0.7 pp to 105.3% (YTM 5.5%, Z-spread 251 bps), followed by the Russia 29, which fell 0.6 pp to 93.4% (YTM 5.2%, Z-spread 225 bps).GOVERNMENT DEBTEM asset weakness again pressured OFZs. Yields climbed 10-11 bps along the curve. However, volumes were well down on last week's levels at around R15 bln. Floaters fell 30-60 bps.
Underlyings
MMC Norilsk Nickel PJSC

MMC Norilsk Nickel PJSC is a global producer of nickel, palladium, platinum and copper. Co. also produces by-products, such as cobalt, chromium, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and sulfur. Co. is involved in prospecting, exploration, extraction, refining and metallurgical processing of minerals, as well as in production, marketing and sale of base and precious metals. Co.'s production facilities are located in five countries: Russia, Australia, Botswana, Finland, and South Africa. Co.'s production units are integrated and include: the Polar Division (the Taimyr Peninsula); and the Kola Mining and Metallurgical Company (Kola MMC or the Kola Peninsula).

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 Sychev

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

Sergei Konygin

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