Report
Alexander Sychev ...
  • Alexey Bulgakov
  • Alexey Kirichok
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Irina Lapshina
  • Rodion Lomivorotov

Debt Markets Today - May 7, 2019

CIS EUROBOND MARKETThe Eurobond market remained inactive yesterday due to the bank holiday in the UK. GOVERNMENT DEBTTrading volumes in the OFZ market yesterday were extremely weak and yields rose 2-4 bps amid diminished risk appetite. We expect the Finance Ministry to announce today that it will place the 3y OFZ 26209 (July 2022, 7.60%) and 7y OFZ 26226 (October 2026, 7.95%) at auctions tomorrow.STORIES> Russian consumer inflation 0.1% last week, to be close to 0.3% for April> Russia Economic Monthly: Game of shadows> Sibur 1Q19 results review> Severstal reaches agreement to sell 1 mtpa Balakovo minimill> Nostrum Oil publishes 1Q19 operating results
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 Sychev

Alexey Bulgakov

Alexey Kirichok

Alisa Zakirova

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Irina Lapshina

Rodion Lomivorotov

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