Russia's fixed income market has entered a period of rapid growth and for corporations with growing capital needs, debt instruments are the only capital market that offer companies with access to long-term financial resources. Also, the secondary bond market is highly liquid and provides companies with access to a wide range of financial instruments and a variety of credit ratings and placement periods.

URALSIB is the largest debt instrument issuer in Russia and also one of the main IPO organizers in the country with a full range of client brokerage services including:

• Ruble denominated corporate, municipal, and state bonds;
• Sovereign and corporate eurobonds;
• Over-the-counter buying and selling of corporate debt instruments;
• Structural products based on bonds denominated in RUR;
• Ruble instrument and eurobond REPO transactions;
• Analytical reviews of the debt instrument market;
• Consultations on creating debt instrument investment portfolios.

URALSIB's debt financing department can also organize initial placements of corporate and municipal bonds in both rubles and dollars. In addition, the department offers a number of other financial project services, including:

• Bonded debt structuring;
• Preparation of circulars and registering them with state agencies;
• Preparation of investment memoranda and road-shows;
• Underwriting and agent payments.