Report
Alexander Kudrin

Debt Markets Today - August 30, 2017

> Market color
> Global markets recap
> CIS Eurobond market
> FX and money markets
> Government debt
> CBR announces rehabilitation of Otkritie FC Bank
> Otkritie FC Bank headlines trigger correction in O1 Properties bonds
> Russian Railways publishes 1H17 IFRS results
> Sovcomflot reports weak 2Q17 IFRS results
> TCS 2Q17 review: Great quarter
> Lukoil publishes 2Q17 results
> Stabilizing now but dwindling oil output casts dark shadow
Underlying
Oil company LUKOIL PJSC

PJSC Lukoil is a vertically-integrated oil company engaged in the exploration and production of crude oil and natural gas. Co. is engaged in all main sectors of the modern oil business including supplies, refining, marketing, transportation, petrochemicals and oil-related activities. Co.'s operations are divided into five business segments: Exploration and Production; Refining, Marketing and Distribution; Chemicals; Power Generation and Other Business Segments. Co. owns and operates refineries in Bulgaria (LUKOIL Neftochim Bourgas AD) and Romania (Petrotel-LUKOIL).

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 Kudrin

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