Sberbank - VTB Bank (GDR) (VTBR) ... Debt Markets Today - May 29, 2019

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Sberbank

Aleksey Ryabushko ...

Alexander Golinsky
Alexander Sychev
Alisa Zakirova
Andrew Keeley
Andrey Kuznetsov
Ekaterina Sidorova
Fedor Kornachev
Kirill Rogachev
Nikolay Minko

Debt Markets Today - May 29, 2019

CIS EUROBOND MARKETRussian sovereign Eurobonds made gains as US Treasury yields dropped sharply. Long-dated paper fared the best (+0.3-0.4 pp).GOVERNMENT DEBTThe OFZ market was not particularly active, and yields moved little. Volumes totaled R13 bln, with R4 bln going through in the 5y OFZ 26227. STORIES> Russian banks increase their Eurobond holdings in April> Finance Ministry plans to offer 20y OFZs and amend auction procedure> Russian Railways proposes tariff increase for metallurgical cargoes> VTB 1Q19 IFRS preview> Closing our call to sell the Ukraine 32 for tactical reasons

29/05/2019 41 EN

Underlyings

VTB Bank (GDR)

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US46630Q2021 London Stock Exchange Russia

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.

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RU000A0JP5V6 Moscow Exchange MICEX-RTS Russia

Provider

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.

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Analysts

Aleksey Ryabushko

Alexander Golinsky

Alexander Sychev

Alisa Zakirova

Andrew Keeley

Andrey Kuznetsov

Ekaterina Sidorova

Fedor Kornachev

Kirill Rogachev

Nikolay Minko

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Andrew Keeley ... (+3)

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March 24, 2022 March 24, 2022 1 EN

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Debt Markets Today - May 29, 2019

Bank Pulse: Closures of European subsidiaries of Russian banks may lead to higher costs for European banks

VTB - Suspension of Coverage

CIS Market Daily - February 28, 2022

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Commodities Daily - March 24, 2022

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