We Expect Flat Market Dynamics This Week.

On Friday Russian Eurobond market again traded flat; dynamics in most bonds didn’t exceed 0.1%.
OFZ market didn’t show single price dynamics. In ruble corporate bond market price dynamics was slack.
On Monday morning external background was neutral. Brent added about 0.3% and was traded at 114.1$ per barrel. European share markets opened slightly up. Russia-30 has been traded unchanged so far. Today no important events or statistics are expected so dynamics will remain neutral.

Trading Ideas in the Bond Market

Eurobonds:

Alfa-Bank-17
Vimpelcom-21, Vimpelcom-18
Evraz-17, Evraz-18
VTB perpetual Eurobond
Belarus-18

Buy & hold strategy:

Russian Standard-17
Ukraine-13
Promsvyazbank-14, Promsvyazbank-15
TCS Bank-14
HCFB-14
KKB-13, KKB-14

Ruble bonds:
OTP Bank BO-3
Russian Standard Bank BO-2
Tatfondbank BO-1, BO-4, BO-5
Promsvyazbank Bo-2, BO-4
CBM BO-5
Renaissance Capital Bank BO-3

Buy & hold strategy:

VTB BO-5, BO-7
RSHB-10, BO-7
Rusnano-4
NCSP BO-2
LUKOIL BO-6, BO-7
Gazprom Neft-3, BO-5 and BO-6
Bashneft-3
CBM BO-4