Moscow, 1 February, 2007 – Deutsche Bank is strengthening its positions in the local bond market. According to Cbonds Information Agency (www.cbonds.info), Deutsche Bank holds #2 position in the league table of underwriters of rouble bond issues on the domestic market (corporate sector) in Russia in 2006; Deutsche Bank acted as an arranger of 41 bond issues by 38 issuers for the total amount of RUR 25.090 mn.
Yuri Soloviev, Member of the Board, Head of Global Markets of Deutsche Bank for Russia and CIS, said: "We are greatly satisfied with the fact that our presence on corporate bond market has been constantly growing, as seen in Cbonds ratings results recently. Deutsche Bank traditionally works on developing this sector, especially now that local market grows fast and becomes more and more attractive for business."
Batubay Ozkan, Head of Derivatives Marketing and Flow Sales, Deutsche Bank Ltd., added: “As global player, Deutsche Bank has access to a vast institutional investor base and therefore is able to more effectively place local bonds among wider circle of buyers. We intend to build on our great success in 2006 and plan to grow our presence in the local markets further”.