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Vneshtorgbank is awarded by the International Financial Review

12 January 2007

VTB Eurobonds worth RUR 10 billion issued in April 2006 and maturing in 3 years was named 2006 Best EEMEA Deal by International Financial Review (IFR), a British weekly.

It was the first time in the history of international financial market that Russian Rouble-denominated unsecured Eurobonds were publicly placed. Once again, VTB proved its innovative approach to borrowing in capital markets. The issue was rated at the level of A1/BBB. Never before has Moody's ever awarded A1 to a Eurobond issue, which is one grade higher than the rating of VTB US Dollar denominated Eurobonds.

International Financial Review is one of the most influential and professional information and analytics resources in global financial markets. In 2005, IFT named VTB subordinated 10 year Eurobond issue worth USD 750 million the Best EEMEA Deal.

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