Sberbank - NOVATEK JSC (NVTK) ... Debt Markets Today - January 17, 2020

Report

Sberbank

Alexander Golinsky ...

Alexander Sychev
Alexey Bulgakov
Alisa Zakirova
Andrey Gromadin
Anna Kotelnikova
Ekaterina Sidorova
Nikolay Minko

Debt Markets Today - January 17, 2020

CIS EUROBOND MARKETThe Russia 47 again outperformed among Russian sovereign Eurobonds yesterday, rising another 0.7 pp on local demand. Other long-dated issues added 0.5 pp, while the rest of the curve barely moved.GOVERNMENT DEBTYesterday, the OFZ market pared back Wednesday's losses sparked by weak auction results and the government's resignation. Yields moved 2-4 bps lower at the open and remained there for the rest of the session. Volumes totaled R32 bln. The OFZ 26227 (July 2024) was the most actively traded issue, with R5 bln changing hands.STORIES> Market color> Global markets recap> CIS Eurobond market> FX and money markets> Government debt

17/01/2020 39 EN

Underlyings

NOVATEK JSC

Novatek is an independent gas producer and natural gas producer in Russia. Co. is engaged in the exploration, production, and processing of natural gas and liquid hydrocarbons. Co.'s upstream activities are concentrated in the Yamal-Nenets region, which is a natural gas producing area and accounts for a significant part of Russia's natural gas production. Co.'s three core fields are located in the regions of Yurkharovskoye, East Tarkosalinskoye and Khancheyskoye. Co. maintains natural gas reserves of approximately 1,144 bcm. Co.'s total net proved reserves totals around 8,088 million barrels of oil equivalent (boe).

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RU000A0DKVS5 Moscow Exchange MICEX-RTS Russia

NOVATEK JSC Sponsored GDR RegS

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US6698881090 London Stock Exchange 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

Alexander Sychev

Alexey Bulgakov

Alisa Zakirova

Andrey Gromadin

Anna Kotelnikova

Ekaterina Sidorova

Nikolay Minko

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Debt Markets Today - January 17, 2020

Raiffeisen Research Institutional Equity Daily 22.04.2022

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