Sberbank - Polyus (GDR) (PLZL) ... Debt Markets Today - October 17, 2018

Report

Sberbank

Alexander Golinsky ...

Alexey Kirichok
Alisa Zakirova
Andrey Kuznetsov
Anton Stroutchenevski
Artem Vinogradov
Irina Lapshina
Rodion Lomivorotov
Sergei Konygin

Debt Markets Today - October 17, 2018

CIS EUROBOND MARKETRussian sovereign Eurobonds had a rather restrained session yesterday and closed virtually flat. The Russia 26 was the sole notable riser, adding 0.2 pp to 99.3% (YTM 4.9%, Z-spread 169 bps).GOVERNMENT DEBTLocal investors continued to buy the long end of the OFZ curve yesterday. Yields in the 2-5y segment slid 4 bps on average, while issues further out on the curve shed around 7 bps in yield. STORIES> Polyus releases healthy 3Q18 operating results> Armenian Prime Minister Pashinyan resigns> Economic growth in Azerbaijan picks up to 0.8% y-o-y in 9m18

17/10/2018 38 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

Alexander Golinsky

Alexey Kirichok

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

Sergei Konygin

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Debt Markets Today - October 17, 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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