NOMOS-BANK increases limits on arrangement and underwriting of bonded debt to 37.4 milliard Roubles

The total volume of bonded debt placed with the participation of NOMOS-BANK as arranger and underwriter, reached 37.4 milliard Roubles in 2007. This represents a 40% increase in comparison with the year 2006.

Despite a complicated situation in the debt capital market during the entire second half of 2007, NOMOS-BANK became the arranger of 12 issues of bonds totalling 14.7 milliard Roubles (in 2006, the Bank arranged 11 issues totalling 11.2 milliard Roubles). The largest issues arranged with NOMOS-BANK’s participation were: “Sukhoy Civil Aircrafts” (1^st issue, 5 milliard Roubles), OGK-2 (1^st issue, 5 milliard Roubles), “TechnoNIKOL-Finance” (2^nd issue, 3 milliard Roubles).

In 2007, the number of bond issues underwritten by NOMOS-BANK decreased from 77 to 67. However, the total volume of issues, with respect to which the Bank acted as underwriter, rose during the same period from 15.7 to 22.7 milliard Roubles. During the year, the Bank participated as underwriter and co-underwriter in the issue of bonds of both major representatives of the corporate sector (GK-1), Gazprom, AIZhK (Agency for Housing Mortgage Lending) and sub-federal level issuers including the governments of Ivanovo, Irkutsk, Moscow, Nizhniy Novgorod and Tomsk regions (oblasts), and the Republic of Sakha (Yakutiya).