Sberbank - Mining and Metallurgical Company NORILSK NICKEL (GDR) ... Debt Markets Today - October 20, 2020

Report

Sberbank

Alexander Golinsky ...

Alexey Kirichok
Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Irina Lapshina
Mikhail Sheybe
Nikolay Minko
Research Team
Rodion Lomivorotov
Vladimir Lezhnev

Debt Markets Today - October 20, 2020

CIS EUROBOND MARKETMovements among Russian sovereign Eurobonds remained quite restrained yesterday and prices closed the day mostly flat. GOVERNMENT DEBTOFZ yields declined again yesterday amid further ruble strengthening. They closed 3-5 bps lower. Volumes remained muted at R9 bln.STORIES> OFZ Weekly Flows: Expecting no major changes this week> Oil prices slide following OPEC+ JMMC meeting> Nornickel 3Q20 production results: Back on track> GTLK places long 7y, $500 mln Eurobond at 5.05%> Belarusian GDP declines 1.3% in 9m20

20/10/2020 17 EN

Underlyings

Mining and Metallurgical Company NORILSK NICKEL (GDR)

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US46626D1081 Russian Trading System Russia

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).

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RU0007288411 Moscow Exchange MICEX-RTS Russia

Provider

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.

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Analysts

Alexander Golinsky

Alexey Kirichok

Alisa Zakirova

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Irina Lapshina

Mikhail Sheybe

Nikolay Minko

Research Team

Rodion Lomivorotov

Vladimir Lezhnev

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Debt Markets Today - October 20, 2020

The Rear-View Mirror – EME markets: multi-month rally interrupted in Turkey

WOOD Daily: ARION IR; ISB IR; OTP HB; LPP PW; US Macro; NLBR SV; ADKO AV; MYTIL GA; RO Energy; FP RO; PPC GA; SAB1L LH; CDR PW; MNOD LI

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