Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Citigroup Sees Prolonged Discount for Russian Political Risk

Feb. 6 (Bloomberg) -- Citigroup Inc. said the market is factoring in a risk premium of about 200 basis points for Russia’s domestic political risk and the discount will be priced in “for the foreseeable future.”

“The political risk premium should stay,” Citigroup analysts led by Kingsmill Bond and Andrey Kuznetsov said in an e-mailed research note today. “There are tail risks such as larger protests, conflict within the elite, or attacks on individuals.”

The presidential election next month may foment more demonstrations and unrest, according to Citigroup.

“Now that the middle class has been politicized, there are many issues which could spark further protest,” the analysts wrote. “We stick with our longstanding call to buy asset plays over oligarch plays while the political uncertainty lasts.”

Link to Company News:{486 HK <Equity> CN <GO>} Link to Company News:{GAZP RM <Equity> CN <GO>} Link to Company News:{GMKN RU <Equity> CN <GO>} Link to Company News:{LKOH RU <Equity> CN <GO>} Link to Company News:{MAGN RU <Equity> CN <GO>} Link to Company News:{NLMK RU <Equity> CN <GO>} Link to Company News:{NVTK RU <Equity> CN <GO>} Link to Company News:{ROSN RU <Equity> CN <GO>} Link to Company News:{SBER RU <Equity> CN <GO>} Link to Company News:{VTBR RU <Equity> CN <GO>} Link to Company News:{CHMF RM <Equity> CN <GO>} Link to Company News:{653479Z LN <Equity> CN <GO>}

To contact the editor responsible for this story: Paul Abelsky at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.