OREANDA-NEWS. Fitch Ratings has today assigned Dali Capital PLC's ("Dali") issue of RUB5 billion Series 28 fixed-rate notes due 2009 a final Long-term 'BBB' rating.

The notes are to finance an unsecured loan made by Barclays Bank PLC ("Barclays") to Russia's Bank of Moscow ("BOM") rated Issuer Default 'BBB', Short-term 'F3', Support '2', Individual 'D' and National Long-term 'AA+(rus)'. The Outlooks on both the Issuer Default and the National Long-term ratings are Stable.
 
Dali will only pay noteholders principal and interest received by Barclays from BOM (see announcement of 9 November 2006 on www.fitchresearch.com for more details on the transaction structure).