Report
Alexander Golinsky ...
  • Alexey Bulgakov
  • Alisa Zakirova
  • Andrey Kuznetsov
  • Rodion Lomivorotov

Debt Markets Today - June 25, 2019

CIS EUROBOND MARKETTrading was fairly muted yesterday morning on the Russian sovereign Eurobond market, though it picked up later on the new Russia 29 and 35. Locals were predominantly buying, while nonresidents were mainly selling. Quotes closed largely flat, with the exception of the Russia 35 (+0.2 pp).GOVERNMENT DEBTOFZs recovered from Friday's selloff yesterday. Yields fell as much as 5-8 bps at one point but began to climb later and ended 4-6 bps lower. Activity was not high, with deals mainly going through on the part of local investors and in two issues: the OFZ 26226 (R10.4 bln) and the OFZ 26224 (R8.6 bln). Volumes totaled R30 bln.STORIES> TBC Bank marketing debut subordinated Eurobond> Ukrzaliznytsya to market new Eurobond> Belarusian sovereigns rise ahead of expected agreement with Russia> Fallout from protests limited so far
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

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

Alisa Zakirova

Andrey Kuznetsov

Rodion Lomivorotov

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