Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Rodion Lomivorotov
  • Sergei Konygin

Debt Markets Today - July 26, 2018

CIS EUROBOND MARKETRussian sovereign quotes gapped lower at the opening yesterday on fairly solid volumes following the previous day's reports that the US might widen sanctions against Russia to include its sovereign debt. However, the earlier losses were partially pared by the close. The Russia 28 fared the worst, losing 0.4 pp.GOVERNMENT DEBTYesterday morning was dominated by sellers following the sharp ruble weakening of the previous evening, but local bids emerged in the middle of the curve by the evening. Yields finished an average of 6 bps higher at the short end and 3 bps higher at the long end. Floaters dropped 12.5 bps in price. Volumes returned to their average levels (R28 bln).
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).

NOVATEK JSC Sponsored GDR RegS

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
Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Rodion Lomivorotov

Sergei Konygin

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  • Rodion Lomivorotov

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