Report
Alexander Sychev ...
  • Alexey Bulgakov
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Maria Sukhanova
  • Rodion Lomivorotov
  • Sergei Konygin
  • Svetlana Sukhanova
  • Tom Levinson

Debt Markets Today - August 2, 2018

CIS EUROBOND MARKETThe US 10y Treasury yield soared yesterday, piling pressure on Russian sovereign quotes. Long-dated issues sank 0.6-0.8 pp, with the Russia 47 losing the most, while the Russia 28 retreated 0.4 pp to 163.6% (YTM 4.7%, Z-spread 161 bps).GOVERNMENT DEBTThe weakening ruble pushed OFZ yields 2 bps higher on average in the belly and at the long end. Volumes remained meager at R13.0 bln, with R2.4 bln concentrated in the OFZ 25083, which was auctioned yesterday. By the close, it was yielding 7.46%, 5 bps above the level at auction.
Underlyings
Rosneft Oil Co.

OJSC OC Rosneft is a vertically-integrated Russian oil and gas company with upstream and downstream operations in each of Russia's oil-producing regions. Headquartered in Moscow, Co. operates ten oil and gas producing enterprises across Russia and is involved in over ten exploration projects. In addition to its upstream operations, Co. also owns two refineries, which have a combined capacity of 10 million tons per year, as well as four main oil export terminals and a nationwide network of over 600 service stations. Co.'s downstream operations consist of its crude oil export structure, refining operations and nationwide network of marketing subsidiaries.

Rosneft Oil Co. Sponsored GDR RegS

VimpelCom Ltd. ADS

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 Sychev

Alexey Bulgakov

Alisa Zakirova

Andrey Kuznetsov

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Maria Sukhanova

Rodion Lomivorotov

Sergei Konygin

Svetlana Sukhanova

Tom Levinson

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch