Sberbank - Polyus (GDR) (PLZL) ... Debt Markets Today - August 6, 2018

Report

Sberbank

Alexey Bulgakov ...

Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Irina Lapshina
Rodion Lomivorotov
Sergei Konygin
Yuri Popov

Debt Markets Today - August 6, 2018

CIS EUROBOND MARKETRussian sovereign Eurobond quotes advanced against the backdrop of a decline in the 10y US Treasury yield on Friday. The Russia 43 led the way, adding 0.8 pp to reach 110.0% (YTM 5.2%, Z-spread 210 bps). The Russia 27 rose 0.2 pp.GOVERNMENT DEBTOFZ yields climbed 1-4 bps in the belly, while long-dated issues found sufficient demand to keep yields flat. The 15y OFZ 26221 was the only issue yielding lower by the close (-2 bps). Volumes totaled R23 bln.STORIES> Finance Ministry ups FX purchases, as expected> Polyus publishes 2Q18 IFRS results> Drop in nonresident holdings causes mid-year tenge weakness

06/08/2018 40 EN

Underlyings

Polyus (GDR)

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US73181M1172 London Stock Exchange Russia

Polyus PJSC

PJSC Polyus is an open joint stock company based in Russia. Co. is engaged in operations as a gold production company. Co.'s major assets are: in Krasnoyarsk region, Olympiada deposit as well as Blagodantoe, Titimukhta, Tyrada, Olenii, Razdolinskaya, Zyryanovskaya and Panimba fields; in Irkutsk region, Zapadnoe, Verninskoe, Pervenets, and Chertovo Koryto and Mukodek goldfields as well as some 94 placer deposits; in Magadan region, Natalka deposit and smaller Degdekan and Vostochnoye fields; in the Republic of Sakha (Yakutia), Kuranakh ore body and Kyutchus field as well as 50% interest in the giant Nezhdaninskoye field; and in Amur region, Bamskoe gold field.CJSC Deloitte & Touche CIS

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RU000A0JNAA8 Moscow Exchange MICEX-RTS 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

Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

Sergei Konygin

Yuri Popov

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Debt Markets Today - August 6, 2018

The Rear-View Mirror – EME markets: Turkey on top again, but muted this time around

WOOD Daily: EME Macro/Strategy – US Macro; SHO PW; SPL PW; PEO PW; PKO PW; PLZL LI

The Rear-View Mirror – EME markets: markets mostly up in July, amid a rebound

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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