Alfa Bank not to issue Eurobonds

A Eurobond issue by Alfa Bank is currently impossible, president of thiscredit institution Pyotr Aven stated at a press conference in Moscow.According to him, this is connected with the current situation on the stockmarket. A decision on issuing Eurobonds has been postponed until thesituation on the world market clears up, Aven pointed out.Alfa Bank was going to issue Eurobonds in spring 2002; however, this wasnot done due to an unstable situation on the world stock market..


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