OREANDA-NEWS. On 21 August 2009 was announced, that yesterday the Finance Ministry selected five primary dealers of local sovereign bonds: ING Bank Ukraine, Oshchadbank, Ukrsibbank, Raiffeisen Bank Aval and Ukrgazbank. The primary dealers are obligated to supply bids and offers, and must purchase no less than 3% of all sovereign bond issues. The state budget envisages the sale of UAH 26 bln in local sovereign bonds this year; to date the Finance Ministry has placed UAH 10.25 bln.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.