Friday, July 6, 2007

Bank of Moscow Postpones Debut Sale of Bonds Citing Debt Market Volatility

(Bloomberg) -- Bank of Moscow, Russia's fifth-largest
bank by assets, postponed its debut sale of bonds in euros
because of market volatility, according to a faxed statement from
Deutsche Bank AG.

The bank, controlled by Moscow's government, hired Deutsche
Bank and JPMorgan Chase & Co. to manage the sale of the five-year
debt.


Read more at Bloomberg Bonds News

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