Sberbank - Polyus (GDR) (PLZL) ... Debt Markets Today - January 25, 2019

Report

Sberbank

Alexey Bulgakov ...

Alexey Kirichok
Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Irina Lapshina
Rodion Lomivorotov

Debt Markets Today - January 25, 2019

CIS EUROBOND MARKETNonresidents were again actively picking up long-dated Russian sovereign Eurobonds yesterday. The Russia 42 led the way (+0.4 pp), followed by the Russia 47 and 43 (+0.3 pp apiece), while other issues were little changed.GOVERNMENT DEBTOFZ yields eased 3-5 bps along the curve as the ruble strengthened. Volumes were elevated, at R23 bln. The largest volumes (about R5 bln) were concentrated in the OFZ 26215.STORIES> Russia Economic Monthly: The power of expectations> Polyus 4Q18 trading update and earnings preview> Alfa Bank eyeing ruble Eurobond placement

25/01/2019 39 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

Alexey Kirichok

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Ekaterina Sidorova

Irina Lapshina

Rodion Lomivorotov

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Debt Markets Today - January 25, 2019

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

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Валютный рынок и процентные ставки - 24 марта 2022. После резкого укрепления рубль возьмет паузу

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