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President Dmitry Medvedev may have decided to make modernization his platform for re-election in 2012, provided he gets the approval to run from Prime Minister Vladimir Putin. Medvedev is investing a tremendous amount of political capital in
Russian Eurobond quotations have started to correct up following two days of decline. Russia's benchmark 2030 bond was up 30 basis points by 5:20 p.m...Spread between these and ten-year US Treasuries narrowed 10 bp to 216 bp. The market had declined
That has some questioning where the buyers will come from and if prices will be bargain basement. Privatizations are expected to bring Russia nearly $3 billion next year – 10 times more than previously scheduled. Infrastructure firms, ports and some
The negative correction seen on the Russian Eurobond market last week was replaced by slight growth on Monday...Moscow time, the Russia-30 had increased 16 basis points to 107.45% with yield at 6.26%. The UST-10 was up 9 basis points to 102.625% as
00 MSK 02.09.2009 RTS RTS V classic, V T+0, V aggr, Time Index,$ Index,rub mln $ mln rub mln rub 13:06:15 1059.19 7568.03 1.157 0.000 36.76 13:00:00 1059.19 7568.03 - - - 12:30:00 1059.12 7567.53 - - - 12:00:00 1060.44 7576.96 - - - 11:30:00 1061.42
Metals & Mining Dollar 175.79 0.98 0.56 RTS - Oil & Gas Dollar 156.13 3.01 1.97 RTS - Consumer & Retail Dollar 180.96 3.16 1.78 RTS - Industry Dollar 88.04 0.44 0.50 RTS - Telecom Dollar 137.22 5.04 3.81 RTS - Financials Dollar 242.18 1.93 0.80 RTS -
On the criteria and guidelines for price variance and influencing securities." Interfax about the planed terms for the order's registration with the Justice Ministry and its enactment in legal force. The document defines the criteria for substantial
Two Russian Su-27 fighter jets collided Sunday during a training exercise in southeastern Moscow killing one pilot, the defence ministry said...The pilot has been identified as Igor Tkachenko, commander of the aerobatic team, Russkiye Vityazi.
The Russian stock market, which initially posted gains in Tuesday morning trading, started making a downward correction by-midday. Stock Exchange went above 1,050 points but did not hold at that position. Stock Exchange had increased for the day by 0.
It was earlier reported that the coupon rate was forecast prior to placement at 15%, which is almost equal to an effective yield of 15.56% for a one-year offer...The issue includes an offer for preterm buyout at face value. Zenit Bank currently has