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Tenge volatility adds to instability in Kazakhstan’s financial system
Structural Financial Stress Index for Kazakhstan
Sovereigns
Analytical commentary
6 Feb 2019
Record high rubles prices on raw materials help Russian regions get through the first year of budget loan restructuring
An analysis of the debt loads of Russian regions
Regions & Municipalities
Analytical commentary
12 Feb 2019
Budget surplus saved for the future
2018 Budget results for Russian regions
Regions & Municipalities
Research
22 Feb 2019
A Brief introduction to the Russian bond market
Structure, history, and possible ways of evolution
Sovereigns
Joint research
28 Feb 2019
A brief introduction to China’s bond market
Structure, regulation, and opening-up
Sovereigns
Joint research
28 Feb 2019
What do the Chinese and Russian bond markets have in common? And how do they differ?
An attempt at a meaningful comparison
Sovereigns
Joint research
28 Feb 2019
Consolidation of budget balances: possible risks and ways to minimize them
Regional and municipal liquidity management
Regions & Municipalities
Analytical commentary
1 Apr 2019
A dead-end war: Why China and the US have resumed trade talks
A mutual increase in import tariffs is costly for both sides
Sovereigns
Research
17 Apr 2019
Import-substitution prospects for Russian non-ferrous metals market
Non-ferrous metals market: 2023 outlook
Corporates / Metals & Mining
Forecast
18 Jun 2019
Svetlana Panicheva
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