Corporate Communications

VTB Capital the first in Russia to launch Offshore Yuan (CNH) bond trading

27 January 2011

The VTB Capital Bond Trading Desk has launched Offshore Yuan (CNH) bond trading by engaging in the first transactions in VTB Bank’s 2013 CNH bond. VTB Capital is expected to launch client trading early next week, as soon as the first transactions have settled successfully.

Vitaly Bouzoveria, Head of Fixed Income Sales and Trading at VTB Capital, said: “VTB Capital is the only Russian investment bank supporting CNH bonds trading at the moment. These successful transactions are an important landmark in reaching into one of the potentially largest local markets in the coming few years. The CNH bonds trading platform launch is also a major contribution by VTB Capital to the development of this market”.

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