Report
Alexander Golinsky ...
  • Alexander Sychev
  • Alexey Bulgakov
  • Andrew Keeley
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Ekaterina Sidorova
  • Kirill Rogachev
  • Nikolay Minko
  • Rodion Lomivorotov

Debt Markets Today - February 21, 2020

CIS EUROBOND MARKETCIS Eurobonds had a generally positive session yesterday amid a decline in benchmark yields, despite prevalent fears over the economic fallout from the coronavirus and the risk of it further spreading outside of China.GOVERNMENT DEBTOFZ yields fell 4-6 bps early in the day yesterday. Foreigners were actively picking up the 20y OFZ 26230 (March 2039, 7.70%), which starting in March will be included in the JPMorgan GBI. However, reports of tensions between Russia and Turkey caused a correction later on. Yields ended 3-5 bps lower at the long end of the curve and 3-6 bps lower in the belly.STORIES> January basic sectors: Stronger demand but weaker exports> US officials accuse Russia of new "election interference"> VTB to report 4Q19 and 2019 IFRS results> TBC Bank publishes good 4Q19 IFRS results
Underlyings
TBC Bank Group

TBC Bank Group is a holding company. Through JSC TBC Bank and its subsidiaries, Co. is engaged in universal banking operations that include corporate, small and medium enterprises, retail and micro operations within Georgia.

TBC Bank Joint Stock Co

VTB Bank (GDR)

VTB Bank PJSC

Bank VTB PAO is a Russia-based bank engaged in the provision of financial services. The Bank reports five segments: Corporate-Investment banking includes operations with corporate customers that are large business customers and banking financial institutions, as well as operations on the securities market; Mid-Corporate banking covers operations with medium business corporate customers; Retail business includes operations with individuals and small business corporate customers, and offers operations on Internet and mobile Point-of-Sale acquiring, plastic cards, payroll services and financial consulting, among others; Treasury comprises operations to manage liquidity, operations on financial and interbank markets, cash flow management and debit financing operation; as well as Other business includes two business: Construction and development involves operations undertaken by Company in the construction and development industry, and Other activities represent non-banking business.

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

Alexander Sychev

Alexey Bulgakov

Andrew Keeley

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Ekaterina Sidorova

Kirill Rogachev

Nikolay Minko

Rodion Lomivorotov

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