Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrew Keeley
  • Andrey Kuznetsov
  • Ekaterina Sidorova
  • Kirill Rogachev

Debt Markets Today - August 6, 2019

CIS EUROBOND MARKETRussian sovereign Eurobond quotes gapped higher at the opening following declines at the end of last week. However, later on, prices moved back toward Friday's closing levels. The Russia 26 and 27 outperformed (each up 0.2 pp). Trading was sporadic, and nonresidents were buying. GOVERNMENT DEBTFollowing the selloff at the end of last week, OFZ yields fell 3-4 bps yesterday in the segment up to 5y and 8-9 bps further along the curve. Volumes totaled R22 bln. The buying was predominantly done by nonresidents.STORIES> VTB 2Q19 and 1H19 IFRS preview: Solid quarter> Polyus publishes 2Q19 IFRS results
Underlyings
Polyus (GDR)

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

VTB Bank (GDR)

VTB Bank PJSC

Bank VTB PAO is a Russia-based bank engaged in the provision of financial services. The Bank reports five segments: Corporate-Investment banking includes operations with corporate customers that are large business customers and banking financial institutions, as well as operations on the securities market; Mid-Corporate banking covers operations with medium business corporate customers; Retail business includes operations with individuals and small business corporate customers, and offers operations on Internet and mobile Point-of-Sale acquiring, plastic cards, payroll services and financial consulting, among others; Treasury comprises operations to manage liquidity, operations on financial and interbank markets, cash flow management and debit financing operation; as well as Other business includes two business: Construction and development involves operations undertaken by Company in the construction and development industry, and Other activities represent non-banking business.

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

Andrew Keeley

Andrey Kuznetsov

Ekaterina Sidorova

Kirill Rogachev

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch