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Daily review of the debt markets. Primary market: RTC

23/01/2012 | UFS IC
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Trading Ideas in the Bond Market

Eurobonds:
We recommend that you pay attention to the mid-term issues of TNK-BP:
TNK-BP-16
TNK-BP-17

Nomos-Bank-13
Tatfondbank-12
VimpelCom-13

Among the eurobonds of Kazakhstan, we’d like to draw your attention to the following issues:
Kazmunaygaz-13
Tengizchevriol-14

We also keep our recommendation to hold a large portion of the portfolio in defensive instruments:
Raspadskaya-12
Alfa-Bank-13

Ruble Bonds:
LenSpetsSMU BO-02
TransContainer-2
Tatfondbank BO-03
UBRD-2
Nomos-Bank-11
Promsvyazbank BO-03

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