Report
Alexander Sychev ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Ekaterina Sidorova
  • Maria Sukhanova
  • Svetlana Sukhanova

Debt Markets Today - July 6, 2018

CIS EUROBOND MARKETRussian sovereign Eurobonds advanced amid a sharp decline in the US 10y Treasury yield. The largest gainers were at the long end, the Russia 42 and 43 adding 0.8 pp, while the Russia 28 climbed 0.4 pp to 164.3% (YTM 4.6%, Z-spread 172 bps).GOVERNMENT DEBTTrading activity fell again. Turnover came in below R15 bln. Local bids provided some support, and yields closed 1-3 bps lower. Floaters also gained in price: the 1y OFZ 24019 added 10 bps and the 5y OFZ 29012 climbed 23 bps.STORIES> Russian Standard Ltd noteholders' dispute with bank worsens > MTS increases stake in MTS Bank
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

Ekaterina Sidorova

Maria Sukhanova

Svetlana Sukhanova

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