Report
Alexey Bulgakov ...
  • Alisa Zakirova
  • Andrew Keeley
  • Andrey Kuznetsov
  • Kirill Rogachev
  • Yuri Popov

Debt Markets Today - June 5, 2019

CIS EUROBOND MARKETQuotes on Russian sovereign Eurobonds ended the day significantly higher yesterday amid an improving external environment. The Russia 47 (+0.7 pp) gained the most, followed by the Russia 42 (+0.5 pp).GOVERNMENT DEBTOn the OFZ market, the bid was dominated by nonresidents throughout the day, and this demand was largely met by selling from local investors, probably banks. It strengthened late in the day, especially at the long end of the curve, after Fed Chairman Powell's comments that were taken to signal upcoming rate cuts. Yields closed 4 5 bps lower in the middle of the curve and 8-9 bps lower further out. Turnover reached R32 bln, with R9 bln going though in the 15y OFZ 26225. STORIES> June Ruble/FX Flows: Ruble to be resilient amid high global uncertainty> TCS Group announces secondary placement of new equity
Underlying
TCS Group Holding Plc Sponsored GDR Class A RegS

TCS Group Holding is a retail banking services group based in the Russian Federation. Co. is principally engaged in providing retail banking services in the Russian Federation through its subsidiaries, primarily Tinkoff Credit Systems. Co., through this subsidiary, fully licensed by the Central Bank of Russia and a member of the Deposit Insurance System, specializes in credit cards. Co. provides online retail financial services through a branchless operating platform. Co. also offers remote access to its financial products and services through its online banking as well as through mobile banking and high-volume call centers.

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
Alexey Bulgakov

Alisa Zakirova

Andrew Keeley

Andrey Kuznetsov

Kirill Rogachev

Yuri Popov

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