REGIONAL FIXED INCOME MARKET WATCH | NOVEMBER 2016
OPEC deal to cut production resulted in a surge in crude oil prices, up more than 15.0% in two days, reaching a record high level in over a year.
GEORGIAN RAILWAY - 9M16 UPDATE
GR released 9M16 unaudited results and Management Discussion and Analysis. Top line declined 28.5% y/y to US$ 139.0mn, largely due to lower oil products volumes.
REGIONAL FIXED INCOME MARKET WATCH | OCTOBER 2016
Better than expected US GDP growth in 3Q16 further increased the likelihood of a FED rate hike in December 2016.
GEORGIA'S ENERGY SECTOR - ELECTRICITY MARKET WATCH | SEPTEMBER 2016
Domestic consumption increased 4.3% y/y in September 2016, with Tbilisi and the Abkhazian region driving the growth
GEORGIA'S ENERGY SECTOR - ELECTRICITY MARKET WATCH | AUGUST 2016
Domestic consumption increased 8.1% y/y in August 2016, with DNOs being the major growth drivers. DNO consumption increased 7.2% y/y, with the greater Tbilisi area (Telasi subscribers) posting an outsized 22.3% y/y growth rate.
* for best prices contact your private banker