Eastern Europe: The rush for funds

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Eastern Europe: The rush for funds

A SUPPLEMENT TO EUROMONEY - APRIL 1997

Contents

Passing the point of no return
Eastern Europe has had a roller-coaster ride in its transition to the free market. But it's increasingly clear that the process is irreversible.
Nigel Dudley

If you haven't noticed-I'm back
Anatoly Chubais is the greatest beneficiary of Yeltsin's latest reshuffle. But that doesn't guarantee that reforms will continue.
Sophie Röell

An easy story to sell
Demand for Russian shares is outstripping supply. Foreign investors must wait until 1998 for Russian companies to surmount legal and accounting barriers.
Sophie Röell

The year of the bond
Russia's debut Eurobond last year will lead the way for several companies and cities to issue abroad in 1997.
Sophie Röell

Pressure on the system
New settlement systems and western-style custody arrangements are the keys to restructuring the Russian equity market.
Brad Durham

Rostelecom looks to the capital markets
Whether Russia's top blue-chip company issues bonds or equities this year, foreign investors are sure to find the paper attractive.

Finance begins at home
Russia's treasury bill sector has grown from nothing to a $40 billion market in three years. Now it's opening up to corporate and municipal borrowers.



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