The Revised MICEX Corporate Bond Index Composition (MICEX CBI) For The Period From 4 May To 31 July 2008 Has Come Into Effect

The MICEX Stock Exchange (‘MICEX SE’ or ‘the Exchange’) has announced that it has completed its quarterly revision of the composition of the MICEX Corporate Bond Index (MICEX CBI). The new index composition came into effect on May 4 2008 and will remain in force until July 31 2008.

The main Index comprises 37 bonds (from 21 issuers). In addition there are two sub-indices defined by their constituents’ term to maturity (or the nearest put option). There are 21 bonds (16 issuers) in the sub-index with a term to maturity/put option of 1 to 3 years, and 10 bonds (10 issuers) in the sub-index with a term to maturity/put option from 3 to 5 years.

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