Report
Alexander Sychev ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Cole Akeson
  • Svetlana Sukhanova
  • Yuri Popov

Debt Markets Today - August 22, 2018

CIS EUROBOND MARKETCIS sovereign Eurobonds again closed largely flat, with the exception of Ukrainian paper, which advanced 0.2-0.7 pp.GOVERNMENT DEBTOFZ quotes gapped higher at the opening, despite the weak ruble. Yields fell by an average of 9 bps in the morning. In light of the elevated market volatility, the Finance Ministry canceled this week's OFZ auction. This sparked a further decline in yields, which closed on average 12 bps lower along the curve. However, volumes were not high in anticipation of news from US Senate committee hearings, and they reached only R15 bln. Local accounts were the main buyers.STORIES> US Senate sessions offer little new; key Trump staff guilty in court cases> CBR resumes FX purchases> MTS reports 2Q18 IFRS results
Underlyings
Mobile TeleSystems PJSC

Mobile Telesystems is a provider of mobile cellular communications services in the Russian Federation, Ukraine, Uzbekistan and Turkmenistan to consumers and corporate customers, employing technology based primarily on Global System for Mobile Communications (GSM). Co. had a mobile subscriber base of around 102.5 million (77.3 million in Russia, 20.4 million in Ukraine, 2.1 million in Turkmenistan, 1.6 million in Uzbekistan and 1.1 million in Armenia). In addition to standard voice services, Co. provides improved services, including voice mail, short message service, general packet radio service, and various SMS- and GPRS-based information and entertainment services.

Mobile TeleSystems PJSC Sponsored ADR

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

Cole Akeson

Svetlana Sukhanova

Yuri Popov

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch