RUSS-INVEST IK OAO Last week in the market of internal corporate debt terminated on moderately negative note, and issues lost on average 0,3%. Better than the market looked short loans with duration of less than 1 year which rose in price on average by 20-
25 bps. Pressure was put by longer issues with duration of 1 to 2 years (-2,6%).
From separate sectors it should be noted falling of quotations of loans of oil&gas branch on average by 1,5% and by 2,1% of transport segment. Novatek BO-3 lost 1,2%, DVMP BO-2 - 2,3%. Issues of the banking sector were in the increased demand and lost in price on average 0,35%. KIT Finance Capital BO-1 was closed in minus by 4,4%, Rusfinance Bank 9 - by 1%.
There wasn`t revealed uniform dynamics in the sector of internal national debt. On medium section of the curve with duration of 2 to 5 years were observed moderate sales, and OFZs became cheaper on average by 0,4%. Longer issues where there was an insignificant outflow of interest rose in price by similar size.
Differently directed dynamics developed in the sector of domestic Eurobonds as well. Growth was shown by issues of Gazprom, VEB and telecoms. Metals&mining sector, on the contrary, showed falling of quotations which averaged 0,1%.
Key indicatorsSource: Bloomberg
20.10.2014 1
INVESTMENT COMPANY IC RUSS-INVESTFixed income daily
BBB-
888· BBB· BBB· BBB· BBB BBB·
BBB-
888·
BBB-
888·
BBB-
8BB·
8'B""B·
BBB·
8BB·
BBB-
888·
BBB-
888· BBB BBB· BBB· BBB· BBB· BBB·
B'"B"B-
BBB- BBB- BBB- BBB- BBB- BBB- BBB-
'-'1
'-'1
BBB-
888·
BBB-
888· BBB· BBB· BBB· BBB·
BBB·
20.10.2014
Source: B/oomberg 2
INVESTMENT COMPANY IC RUSS-INVESTFixed income daily
AK8ARS.S07/ H /ZZ ALFARU 80'1/18/lS ALFARU.S 5/804/2.6/16
ABHFIN S 1 /2 06/10/17
ALFARU 6.'1 02/ZZ/17
ALFARU 7 7/8 09/2.5/17
8,75
8,00 13. 07.2022
8,00 18.03.2015
8,63
5,50 10.06.2017
6,30 22.o:t 2017
7,88
,47
4
23'
'"
5,31
11,57
3,55
11,7 0
5,52
6,77
6,26
103,54
82,06
101,77
96,2 7
99,9 2
99,00
104,2 5
964
6D2
+0,7 1
6DD
&DD
"D
"D
u so u so
EUR
u so
ALFARU 7 1/Z 09/26/19
ALFARU 7 3/4 04/2.8/21
OKM OSC 5.96711/25/15
BKMOSC 6.699 03/11/15
BKMOSC 6.0205/10/17
RUSB.SOZ/14/15
RUSB 7.7'!. 12/16/15
RUSB 7.56112/01/16
RUSB91/407/11/17
7,50 26. 09.2019
7,75
5,9 7
6,70 11.03.2015
6,02
8,00
7,7 3 16.12.2015
7,56
9,25
'55
"
'4D
"
55
4D
7,70
7,51
5,9 6
7,18
7,73
16,81
18,54
11,43
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1,91
0,70
99,20
101,24
100,00
99,80
96,12
90,81
81,50
98,50
6"
572
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1788
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+0,21
+0,<19
+0,07
+9,<1<1
75D u so
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u so •·
U50 B·
RUSB 10 'J /4 04/10/18
RUSB 111/2 01/17/24
STPETE 7.63 07/25/17
STPETE 1110/'lA /18
STPETE 10 3/4 04/22/19
FEIBNK 911/14/16
10,75 10.0<1.2018 170
11,50 87
7,63 95
11,00 2<1.10.2018 2
10,75 22. 0<1.2 019
9,00
15,13
18,51
9,57
12,13
12,09
13,7 2
2 ,9<1
3,25
2 ,4 9
3,15
3,66
1,8<1
88,50 14 0 2
7 9,96 1721
95,38
96,50 1087
95,<14 107 2
91,75
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U50
VOSEXP lZOS /29/19
Vl'B 5.0109/29/15
VìB 6.465 03/04/15
VìBO 04/24/ lS Vl'B 5 11/17/15
VìB4 07/20/15
12,00 2 9.05.2019 38
5,01 159
6,<1 7 133
2,03 2<1. 0<1.2015 2
5,00 17. 11.2 015
4,00
14,13
6,40
4,02
4,08
5,21
5,20
3,45
0,92
0,37
0,01
1,02
0,7 3
92,9<1 127 5
98,75
100,87
98,97 385
99,78 519
99,14
+0,20
+1,37
us u so
u so
CHF
VTB 4 1/2 10/'10/1"> VTB 41/40Z/15/16
Vl'B3.1512/16/16
VìB 6 04/1Z/17
VTB 6 7/805/29/18
VìB 6.315 02/22/18
VTB 2.9 OS /ZS /1 8
VìB 6.55110/13/20
Vl'B 6.9510/17/22
VTB 61/406/'10/'H
VEBBNK3 3/402/17/16
VEBBNK 5A5 11/22/17
<1,50 30.10.2015 8
<1,25 15. 0 2.2 016 116
3,15
6,00 12. 0<1.2017 17 2
6,88
6,32
2,90 2 5.05.2018 215
6,55
6,95
6,25 30. 06.2035 30.06 2 015 69
3,75 118
5,45
5,8<1
3,31
4,68
5,82
6,40
6,2 3
4,66
6,4 3
7,42
6,16
6,11
5,66
0,99
1,28
'2·,3"3"
3,17
3,03
3,4 2
5,03
6,2 3
11,70
1,28
2 ,82
98,69 263
101,18 311
96,93
100,<10 502
101,50
100,25
94,29 457
100,60 470
97,21
101,00 349
97,0 7 609
99,<1 1
+3,89
-0,2 3
+1,21
+0,15
+1,21
-0,84
2 OOD
2 OOD
2 OOD
'OOD
5DD
CNY
EUR
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U50
CHF
USO
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VEBBNK 5 'J/8 OZ/1'J/17
VEBBNK 4.2Z411/Z1/18
VEBBNK 'J.O'J 5 OZ/Z1/18
5,38 13.01.2017 113
4,2 2 30
3,04
5,70
5,75
4,73
2,18
3,71
3,15
99,30 496
94,51 442
94,88
---<1 ,98
+1,12
+0,75
75D u so
VEBBNK 6.90Z07/09/20
VEBBNK 6.0Z5 07/05/22
VEBBNK 5.94Z 11/Z1/2'J
6,90 09. 07.2020 79
6,03
5,94
6,47
6,78
6,70
4,7<1
6,12
6,91
102,00 480
95,53 4 79
94,88
+1,61
+0,85
+0,56
+3,13
1600
'OOD
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VEBBNK 4.0'!. ZOZ/Z1/2'J
VEBBNK 6.8 11/ZZ/Z5
4,03 21.01.202 3 122
6,80
5,47
7,32
6,98
7,66
90,5<1 4 6<1
96,10 503
+0,30
+2,08
-1,31
SDD EUR
USO
VEBBNK5 1/805/Z7/16
GiPBRU 61/41Z/15/14
GPBRU 61/2 09/2'!./15
GiPBRU 'J 'J/8 08/05/15
GiPBRU 8.617 1Z/15/15
GPBRU 7.'!.5 05/08/16
GiPBRU 4 02/24/16
GiPBRU 7 7/8 07/25/16
GPBKSW Z 'J/8 1Z/09/16
GiPBRU 4 1/4 01/'J0/17
GiPBRU 5 5/805/17/17
GPBRU 5 'J/411/21/18
GiPBRU '!..98410/'J0/18
GiPBRU 71/405/0'J/19
GPBRU 4.9609/05/19
GiPBRU 61/207/17/ZO GiPBRU 7.496 1Z/'l'i'./2'!. GPBRU 5 1/8 05/H/Z4
FCFIN 81/211/15/19
C RBKMO 8 1 /4 08/05/14
CRBKM 07.7 OZ/01/18
C RBKM 08.7 11/H/18
MBRDRU 7.9'!. O'J/10/16
NMOSRM 8 'J/410/21/15
NMOSRM 7 1/404/25 /18
NMOSRM 1004/26/19
NMOSRM 10 1Z/17/19
PROMBK 12 'J/4 05/27/15
PROMBK 111/4 07/08/16
PROMBK 8 1/2 04/25/17
PROMBK 12 1/2 01/'!.1/18
PROMBK 10.2 11/06/19
RENSEC 11 04/Z1/16
RCCF 7 'J/405/'!.1/16
5,13 2 7.05.2016
6,25 15.12.201<1 5<1
6,50 152
3,38 05.08.2015 2 87
8,62 15.12.2015 5<1
7,35 19 8
4,00 24 .0 2.2 016 12 5
7,88 25. 07.2016
2 ,38
4,25 3001.2017 100
5,63 17.05.2017 26
5,75
3,98 3010.2 018 8
7,25 03. 05.2019 12
4,9 6
6,50 17.0 7.2020
7,50 28.12.202 3 67
5,13 2 03
8,50 15.11.2 019 2<1
8,25 05. 08.201<1
7,70 10 2
8,70 13.11.2018 22
7,9 3 10.03.2016 139
8,75 18 1
7,25 2 5.0<1.2018
10,00 26. 0<1.2019
10,00 56
12 ,7 5 2 7.0 5.2015
11,2 5 08.0 7.2016 7 8
8,50 3
12,50 31.01.2 018
10,20 06. 11.2019 15
11,00
7,75 31.0 5.2016
5,45
2 ,98
4,D9
5,67
11,<18
4,42
7,57
11,81
4,07
7,57
5,9<1
7,07
5,33
7,12
6,13
7,52
8,95
7,13
7,96
8,53
13,01
16,33
8,71
9,38
10,71
10,46
7,49
7,65
7,83
11,<10
13,2 9
14,97
1,52
0,15
0,9 0
0,79
1,08
1,48
1,31
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2,37
3,59
3,64
3,81
4,3<1
4 ,77
3,57
4,07
4,08
2 ,9 0
3,31
1,32
0,98
3,03
3,55
4,00
0,57
1,56
2 ,2 2
3,85
1,42
1,49
99,51
100,<1 7 276
102,15 380
98,27 563
9 7,30 +SO
104,24
95,53
94,38 8
96,60 405
93,16
99,2 5 511
95,38 575
95,2<1
100,50 570
95,13 461
95,31 58<1
95,00 7 62
9 2 ,36
102,19
97,67
86,71
89,9<1 1591
100,04 84 0
93,75 82<1
97,50 933
98,19
103,00
105,65 713
101,50 7 02
95,50 990
96,98
90,00
+0,33
+0,07
+0,8 2
+1,16
+0,10
+1,39
+0,06
+0,1<1
+0,54
+1,<10
+0,34
-0,16
+0,63
+0,21
+2,39
+0,68
+0,56
-0,7 8
+0,32
+0,25
-0,2 3
+1,<1 3
+2,75
+1,93
-0,33
+0,33
-0,53
+1,3 2
-0,19
+0,00
-0,12
+1,7 3
-3,03
4DD
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'OOD
15 000
UD
20 000
2DD
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RCCF H1 /2 06/21/18
RSHB 'J 1/808/17/15
RSHB '!..6 02/04/16
RSHBO 11/Z'J/ 16
RSHB87. O'J/17/16
RSHB 8 5/802/17/17
13,50 21.06.2018
3,13
3,60 04 .0 2.2 016
9,90 23. 11.2016
8,70
8,63 17.01.2017
299
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32
22,13
6,04
9,19
12,7 5
12,90
2,76
0,82
1,26
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2,11
7 9,00
9 7,70
93,36
2100
604
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+14,96
+0,21
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20 000
32 000
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RUB RUB
RUB
RSHB 6.Z99 05/15/17
RSHB S .Z98 1Z/27/17
RSHB 7 'J/405/29/18
RSHB 5.107/25/18
RSHB 7 7/802/07/18
RSHB 606/0'J/Z1
RSHB 8 1/Z 10/16/Z'J SBERRU 'J 1/211/1Z/14
6,30 15.05.2017
7,7 5 2 9.05.2018
5,10
8,50
3,50
'24
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4 2
5,77
5,73
13,40
11,57
2,35
2 ,92
3,13
3,42
2 ,88
1,52
6,41
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101,2 5 49 3
98,74 467
105,38 489
97,3 7 465
86,64
92,00 1097
99,86
+0,03
+0,69
+1,14
+2,02
+1_.. 75
+0,72
+0,10
+1,31
+0,09
12 50
1300
'OOD
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SBERRU 5.49907/07/15
SBERRU'!..109/14/1S SBERRU 7 01/'J 1/16
5,50 07.0 7.2 015
3,10
7,00
3,DS
4,D9
11,17
0,70
0,89
1,22
101,7 0
99,13
2 78
+0,20
+0,01
+0,02
+0,39
+1,34
-0,50
1500
4>0
u so
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2 ,29
2,98
93,<1 6
84,62
SBERRU 5 1/8 10/29/2Z
AKBHC 10 'J/4 09/18/1S
5,13
10,75
7 6,72
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11,0 2
6,42
0,88
90,22
468
+0,7 0
-1,13
-0,5 8
2 OOD
20.10.2014 Source: B/oomberg 3
INVESTMENT COMPANY IC RUSS-INVEST
Fixed income daily
Bo3
Ba3
Ba3
20.10.2014 Source: B/oomberg
Bl
Bo3
Ba3
Ba3
Bo3
Ba3
Ba3
Ba3
Ba3
Bo3
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Baa3
Baa3
Bol
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Bl
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BB BB BB BB
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BB • BB• BBS
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Fixed income daily
Disclaimer. This report was prepared and provided for information purposes only under the condition it will not form the sole basis for any investment decision. It does not constitute an offer and should not be considered as an offer, or solicitation of an offer, to buy or sell any securities. The information and opinions contained in this report have been received from sources believed to be reliable. While every reasonable effort has been made to obtain accurate information and verify it, IC RUSS-INVEST or its affiliates makes no warranty, express or implied, as to the accuracy, completeness or correctness of the information and opinions contained herein. All such information, opinions and forecasts are subjected to further change without notice. The forward-looking statements in this report are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. Neither we nor any of our respective agents, employees or advisors intend or have any duty or obligation to supply, amend, update or revise any of the forward-looking statements contained in this report. IC RUSS-INVEST, its directors and employees may have a position in any of the securities mentioned in this report.
95,39
92,35
5,30
7,88
6,00 03.06.2021
6,D<
5,89
8,99
5,85
97,00
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99,75
distributed by
