Articles by Alexander Manda

Yukos Scandal Stems Corporate Bond Rally

  • 07 July 03
  • Reuters
Russian corporate bonds, a stellar performer in 2003, may be losing favor as a sharp rally in that country's government debt flags and a legal scandal undermines investor confidence.

Sistema Pulls Plug on $500M Eurobond

  • 31 March 03
  • Reuters
AFK Sistema has postponed a planned $500 million bond, bankers said Friday, in a move that casts doubt on Deutsche Telekom's hopes of selling its stake in Mobile TeleSystems to help reduce debt.

Sovereign Bond Boom Seen Nearing the End

  • 05 March 03
  • Reuters
Russian sovereign bonds may be nearing the peak of a four-year rally that has reflected a turnaround in the country's economic fortunes since its August 1998 financial crisis, analysts said Tuesday.

Market Status Seen Lifting Bonds

  • 10 June 02
  • Reuters
The U.S. decision to acknowledge Russia as a market economy is a further step in the country's financial rehabilitation and should ultimately boost Russian bond prices, analysts said Friday.

Sberbank Chief: Reforms Will Draw Bank Deposits

  • 22 April 02
  • Reuters
The banking system must be reformed before people will trust banks with their money again, said the head of Sberbank.

Slipping Oil Revenues Rekindle Debt Fears

  • 01 October 01
  • Reuters
Tumbling oil prices have revived fears over Russia's 2003 debt-servicing spike.

Rising Crude Prices Create 'Safe Haven'

  • 21 September 01
  • Reuters
Russia's oil reserves could make the country a safe haven for investors if the crude price rises.

Trade Debt Plan Seen Pressuring Russian Bonds

  • 07 February 01
  • Reuters
A proposed restructuring of up to $8 billion of Soviet-era foreign trade loans could spark further volatility in Russian debt prices, restraining this year's handsome gains, analysts said Tuesday.