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Thomas Murray rates Vneshtorgbank for Russian Domestic Custody

 
23 October 2003

LONDON/MOSCOW - Thomas Murray, the specialist custody rating, risk management and research firm has awarded Vneshtorgbank (VTB) a public Russian domestic custody rating of:

VTB is rated A- with a stable outlook, which represents a strong product offering for MinFin bonds. MinFin bonds are obligations of the Government of the Russian Federation, denominated in US Dollars. VTB safekeeps 70 to 75% of this market.

VTB is rated as BBB, an adequate product offering with a stable outlook for all other domestic asset types, which include equities, corporate bonds, and Rouble denominated Regional and Central government debt obligations.


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