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Special Reports

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Date Topic File
31.01.2012

CIS Primary Eurobond Market Comment: State Oil Company of Azerbaijan Republic (SOCAR)

PDF
03.01.2012 Why the ECB is not fuelling inflation PDF
20.12.2011 Russian oil&gas sector credit update: Transneft PDF
16.12.2011 Russian metals&mining sector credit update: ALROSA PDF
07.12.2011 Kazakh banking credit update: Uninspiring 3Q/9M 2011 results from Kazkommertsbank (neutral) PDF
06.12.2011 Vnesheconombank: New issue offers premium to the secondary curve PDF
30.11.2011 CEE banking credit update: OTP Bank's bond valuations under pressure PDF
29.11.2011 Subordinated debt of European banks reviewed by Moody's PDF
29.11.2011 Russian oil&gas sector credit update: LUKOIL credit brief PDF
28.11.2011 Credit Update: Rabobank PDF
28.11.2011 HCFB: Strong Q3 results, expect challenges in H1 2012 PDF
24.11.2011 Kazakh banking credit update: Halyk Bank releases Q3 and 9M 2011 results (buy) PDF
24.11.2011 Russian oil&gas sector credit update: "Alliance Oil Company (AOIL): better showing in Q3 2011" PDF
22.11.2011 CEE banking credit update: OTP Bank's Q3 2011 results – all eyes on tail risks (buy/overweight) PDF
18.11.2011 Kazakh banking update Bank CenterCredit PDF
15.11.2011 Russian steel sector credit update: "Evraz releases Q3 and 9M 2011 trading update: cash balance halved qoq" PDF
14.11.2011 Kazakh banking update: BTA Bank - "Binary outcome situation" confirmed in recent rating actions PDF
14.11.2011 Russian oil & gas sector credit update: "Novatek’s Q3 and 9M 2011 results: strong as usual" PDF
14.11.2011 Russian oil & gas sector credit update: "Gazprom: Very strong H1 2011 results, but challenges ahead" PDF
09.11.2011 Credit Update: EC legislative proposal for bank restructuring PDF
03.11.2011 Kazakh banking update: BTA Bank’s “muddle-through” tactics reconfirmed PDF
20.10.2011 Russian metals&mining sector credit update: ALROSA reports H1 2011 results. PDF
03.10.2011 Russian metals&mining sector credit update: "Raspadskaya unveils H1 2011 financial results: Sitting on a pile of cash" PDF
30.09.2011 Ukrainian utilities credit update: DTEK reports on H1 2011 PDF
01.09.2011 Promsvyazbank: Same old story, but new recommendation on bonds PDF
31.08.2011 Russian oil & gas sector credit update: Gazprom: bright Q1 picture, with exception of FCF PDF
31.08.2011 HCFB: Challenging refinancing schedule, we turn neutral on bonds PDF
30.08.2011 Sberbank: Expectedly strong Q2 2011 IFRS results PDF
30.08.2011 Russian metals & mining sector credit update: Severstal reports strong results for H1 2011 PDF
24.08.2011 Alliance Oil Company (AOIL) credit update: pros and cons PDF
24.08.2011 Vnesheconombank reports Q1 2011 results under IFRS PDF
19.08.2011 CEE Banking Sector Comment: OTP Bank H1 reports neutral H1 2011 results (hold 3M, buy 6M) PDF
18.08.2011 First Ukrainian International Bank reports neutral Q2 2011 results PDF
11.08.2011 Kazakh banking credit update: Bank CenterCredit reported its H1 2011 financial results PDF
01.08.2011 Belarus: Trade deficit resurfaces - data in June disappointing PDF
29.07.2011 Bank of Moscow: Q4 2010 results in line with expectations, but several questions remain open PDF
29.07.2011 Should bondholders get excited about Privatbank’s plans to float an IPO in autumn? PDF
19.07.2011 CIS Primary Eurobond Market Comment: Severstal PDF
13.07.2011 Privatbank belatedly reports FY2010 results under IFRS PDF
08.07.2011 Oschadbank taps the outstanding OSCHAD 8.25% due 03/16 PDF
07.07.2011 Russian oil&gas sector credit update: S&P changes its outlook on Novatek’s rating to stable from negative. PDF
05.07.2011 Belarus: Trade balance improves on prolonged currency shortages PDF
01.07.2011 Credit update: ABN AMRO PDF
30.06.2011 Government bail-out of Bank of Moscow: a story with a happy end PDF
29.06.2011 Belarus: Government sees sharp economic slowdown in H2 2011 PDF
27.06.2011 Credit Update: Methodology for capital buffers of systematically important banks proposed PDF
22.06.2011 CIS primary Eurobond market comment: VimpelCom PDF
10.06.2011 Ukreximbank: Continue to clip the coupons despite the weak results for 2010 PDF
09.06.2011 Sberbank: The upcoming 10y bond is not too cheap, but a small premium is still in there PDF

 

 

 

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Peter Brezinschek
Head of Raiffeisen Research
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