Report
Alexander Golinsky ...
  • Alexey Bulgakov
  • Alexey Kirichok
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Cole Akeson
  • Irina Lapshina
  • Maria Krasnikova
  • Mikhail Sheybe
  • Nikolay Minko
  • Yaroslav Lissovolik
  • Yuri Popov

Debt Markets Today - July 15, 2019

CIS EUROBOND MARKETActivity in the Russian Eurobond market was subdued on Friday. Long-dated issues closed lower, but by no more than 0.3 pp (Russia 43). GOVERNMENT DEBTOn Friday, the OFZ market saw one of its most active trading sessions in recent times. The return of headlines about possible sanctions on Russian sovereign debt, along with broad weakness in local EM debt, contributed to a 6 7 bp rise in yields in the middle of the curve and a 4 5 bp rise at the long end. Local investors accounted for almost all of the R50 bln that was traded, while medium dated issues posted the highest volumes.STORIES> Multi-Asset Sputnik: Central banks step into the breach> Severstal: 2Q19 trading update review and earnings preview> Naftogaz places two tranches of Eurobonds
Underlyings
Severstal (GDR)

Severstal PAO

PAO Severstal is an integrated Iron & Steel works company with a range of products: hot and cold rolled steel, roll-formed shapes and pipes, rolled sections, a large group of coke products and by-products. Co. also has various social responsibilities such as the operation and maintenance of sports complexes, holiday and recreational facilities and public housing. Co.'s operations are organized along three principal divisions: Severstal Russian Steel engaged in crude steel production; Severstal Resources engaged in the production of iron ore concentrate, pellets and coking coal; and Severstal International engaged in the production of high-quality flat-rolled products.

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 Golinsky

Alexey Bulgakov

Alexey Kirichok

Alisa Zakirova

Andrey Kuznetsov

Cole Akeson

Irina Lapshina

Maria Krasnikova

Mikhail Sheybe

Nikolay Minko

Yaroslav Lissovolik

Yuri Popov

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