OREANDA-NEWS. December 15, 2008. Sviaz-Bank’s Vice President Mikhail Avtukhov went to St. Petersburg to attend the Russian Bond Congress 2008 that was held in the city, reported the press-centre of Sviaz-Bank.   

The Congress delegates discussed various aspects of government policies toward the bond market and agreed on an assessment of the Russian bond market in the conditions of the international financial crisis and the bond market performance in 2008.

They also held the first-ever roundtable devoted to Defaults of Issuers and Restructuring of Borrowings, which looked into the mechanisms used to restructure debt as a way to prevent defaults.

Organized by the Cbonds agency and the MICEX Stock Exchange, the Congress was attended by over 450 experts working for major Russian banks, investment and management companies, issuers, and government agencies.