Exchange Market . As a result of trading the dollar with the calculations of the "Today" declined to 1.52 kopeks. (0.051%) to 29.7607 rubles. dollar. Bidding opened at the rate of transaction 29.7400 rubles. dollar. During the trading day parties to conclude the deal in the range of 29.6754-29.8570 rub. dollar. Last transaction is concluded at the rate of 29.7900 rubles. dollar.

Bidding on the dollar with the calculations of "Tomorrow" opened the transaction at the rate of 29.7699 rubles. dollar. As a result of trades on the MICEX 11:30 to the dollar with the calculations of "tomorrow" Bank of Russia set the official ruble-dollar rate of 29.7458. During the trading day parties to conclude the deal in the range of 29.6925-29.8990 rub. dollar.

Last transaction is concluded at the rate of 29.8990 rubles. dollar. As a result of trading the dollar with the calculations of "tomorrow" has increased by 1.51 kopecks. (0.0507%) to 29.7946 rubles. dollar.

volume of transactions with dollar instruments increased by 7% to 10684.4 million, of which 5595.7 million (52.4% of turnover) had to swap operation.

Transactions with the single European currency for "today" were in the range of 41.9900-42.2080 rub. per euro. The last transaction was at the rate of 42.1600 rubles. per euro. As a result of the weighted average auction rate of the euro in the calculations "Today" increased by 13.8 kopecks. (0.329%) to 42.0682 rubles. per euro. Crednevzveshenny euro exchange rate with the calculations of "tomorrow" was 42.1399 rubles. for the euro (23.95 kopeks. or 0.572%). The last transaction was at the rate of 42.1745 rubles. per euro. The total volume of transactions in euro-denominated instruments increased by .75% to 1481.8 million dollars (12% of the turnover of the currency market).

The MICEX foreign exchange market concluded 8564 transactions on all instruments, totaling U.S. $ 12310.2 million, which is 6.2% more than the previous trading day.

government securities market . Trading volume on the market of public debt amounted to 110332.7 million USD., Including the volume of secondary trading - 7299.4 million rubles., The amount of repurchase transactions mezhdilerskogo - 49406.2 million rubles., The volume of direct REPO transactions - 44072.6 million rubles. The value of the price index RGBI at closing - § 131.03 (-0.11%), the index of total revenue RGBITR - 239.09 subsection (-0.08%), the index returns RGBY - 7.51% (-0.29 percentage points).

In the secondary market trading has become the leader of the issuance of bonds SU46002, on which the transactions took place at 937.9 million rubles.

Yield most liquid securities comprised: SU46002 - 6.87% (-0.16 percentage points), SU46021 - 8.15% (0.12 percentage points), SU46017 - 7.86% (0.01 percentage points), SU46003 - 5.6 % (-0.24 percentage points), SU25067 - 7.16% (0.1 percentage points), SU26200 - 7.46% (0.01 percentage points), SU25068 - 7.73% (0.05 percentage points), SU26202 - 7.78% (0.06 percentage points), SU25065 - 7.23% (-0.01 percentage points), SU25070 - 6.91% (0.03 percentage points), SU25069 - 7.26% (0.21 percentage points), SU25066 - 6.71% ( 0.09 percentage points), SU25062 - 6.93% (0.32 percentage points), SU25063 - 6.72% (0.3 percentage points), SU25072 - 7.16% (0.12 percentage points), SU25061 - 5.66% (-0.15 percentage points), SU25064 - 6.93% (0.12 percentage points).

stock market . At the end of the trading day value of the MICEX Index reached 1410.38 points, which is 1.78% below the previous day"s close. MICEX Oil and Gas Index - 2578,51 (-1,487%), MICEX Power Index - 2499,85 (-2,575%), MICEX Telecommunication Index - 1882,62 (0,031%), MICEX Metals and Mining Index - 4116,01 ( -1,516%), MICEX Manufacturing Index - 1742,73 (-0,86%), MICEX Financials Index - 5412,81 (-2,637%), MICEX Consumer Goods and Services Index - 3555,5 (-1,701%), MICEX Chemicals Index - 4643,21 (-2,47%).

MICEX Large Cap Index - 2298,93 (-1,911%), MICEX Mid Cap Index - 2225,45 (-1,642%), MICEX Start Cap Index - 3767,88 (-2,135%).

had declined quotations ordinary shares Gazpromneft (-3.51%), Rosneft (-3.38%), Sberbank (-3.01%), Surgnfgz (-1.98%), GMKNorNik (-1.91%), LUKOIL (-1.41%), GAZPROMao (-0.69%).

Trading volume on the stock market, MICEX Stock Exchange amounted to 118.21 billion rubles. (3973.7 million), of which 73.04 billion rubles. (2455.41 million) were in secondary trading, 45.17 billion rubles. (1518.29 million) - for repo transactions.

market for corporate and regional bond . At the end of the day trading volume of corporate and regional bonds on the MICEX Stock Exchange amounted to 77.3 billion rubles. (2599.9 million), of which 21.6 billion rubles. (727.1 million dollars) were in secondary trading, 55.7 billion rubles. (1872.8 million) - for repo transactions.

decreased bond yields HCFB-5 at 1.39 percentage points, SamarObl 3 - at 0.12 percentage points, MTS 03 - by 0.05 percentage points Grew up bond yields MGor50-reported by 0.01 percentage points, VTB - 6 to - 0.05 percentage points, MGor63-on - by 0.07 percentage points, MGor56-on - at 0.08 percentage points, MGor61-on - by 0.08 percentage points, VK-Invest3 - by 0.32 percentage points, TMK-03 region - by 1.32 percentage points

Index CBI CP up to the day up 93.17 points, down 0.11% on the value of the previous trading day, the index MBI CP - 96.18 points, down 0.11% on the value of the previous trading day.

Derivatives Market . Total trading volume amounted to 5.11 billion rubles. or 142,799 contracts.

volume of open positions - 1538364 contracts (1561.02 million). Futures on USD: trading volume - 3.46 billion rubles., The volume of open positions - 1,513,745 contracts (1513.75 million). Futures EUR: Total open interest - 14503 Contract (20.701 million dollars). MICEX Index futures: trading volume - 1.33759 billion rubles., The amount of open positions - 3420 contracts (488.7 million rubles.). Futures on Gazprom: the volume of trades - 88.65 million rubles., The volume of open positions - 1337 contracts (24.42 million USD).. Futures on Savings: trading volume - 110.91 million rubles., The volume of open positions - 3627 contracts (31.65 million USD).. Lukoil futures: trading volume - 11.39 million rubles., The volume of open positions - 1082 contracts (18.25 million USD).. Futures Nornikel: trading volume - 101.43 million rubles., The volume of open positions - 630 contracts (30.74 million USD)..

futures market for grain . The volume of transactions was 217.59 million rubles. (54.2 tons). The volume of open positions - 24.33 million rubles. (7.4 tons).

government operations in the grain market . January 22 trades were made. Total trading volume in January amounted to 151,2 thousand tons of grain worth 647.3 million rubles.

Click to continue »

"Mittal Steel Krivoy Rog" in the current election campaign has not remained without attention. Yulia Tymoshenko visited the largest Ukrainian steel plant metallurgists and promised that the government will make them increase salaries by 25%. The Prime said that has already delivered on this hard requirement to management and owners of AMKR.

In principle, everything is absolutely clear before the second round of elections, Prime is trying to use administrative resources to the "enemy" territory and to attract the krivorozhtsev, traditionally the majority of the voting for the Party of Regions. Here are just very sad for the other Ukrainian steel companies, which are not lucky enough to work at the former Kryvorizhstal. Why would the Prime Minister did not attend the CMI them. Illich, "Iron & Steel Works" or Alchevsk Iron and Steel, and there does not put the question bluntly - giving wage increases to 25%! I know, I know. Yes, only the owner AMKR - alone among all the owners of domestic metpredpriyatiy preserved investobyazatelstva to the state.

How would we not happy for metallurgists AMKR, but other than statements premiere electoral populism will not name. But the main thing is that any foreign investor can see once again - in Ukraine, he will have to deal not only with the economy than with politics ...

raise salaries for AMKR be from 1 January 2010. Process Prime took personal control. No wonder, the new increased salaries metallurgists must have time to get to the second round of elections! And there is an ultimatum1000- if the demand is not met, then the plant may lose the benefits that Cabinet offered to enterprises of mining and smelting complex.

little about the memorandum, the SPF and liabilities

To understand what is happening, you need to remember the little ins and outs of the issue. In November 2008, at the height of the crisis, the Cabinet has signed with the owners of the enterprises of MMC Memorandum of Understanding, designed to mitigate the effects of economic recession for Ukrainian industry. In particular, it called for a moratorium on the increase in tariffs for rail transportation products MMC. The government also pledged to ensure the supply of natural gas for metallurgists and costs of its imports to Ukraine.

One of the signatories of the document made by ArcelorMittal. But because the company had yet, and investment commitments that in the crisis seemed virtually impossible, for AMKR was necessary to come to an agreement with the State Property Fund of Ukraine. That MFI on behalf of the government controls this issue.

Liabilities ArcelorMittal (then "Mittal Steel") took over in 2005, after his victory in the competition for privatization of Kryvorizhstal. If anyone had forgotten, while Mittal Steel paid for Kryvorizhstal 24,2 billion UAH. In 2004, a consortium of IVS, which was created by Viktor Pinchuk and Rinat Akhmetov, bought 93% stake in Krivorozhstal for only 4,26 billion UAH.

To be continued ... May 14, 2009 SPF and Arcelor Mittal Krivoy Rog "signed the new contract for the sale of Kryvorizhstal, changing the period of execution of some investobyazatelstv. Thus, the period of crisis the company was allowed to reduce the amount of investment in programs to increase production capacity, technical re-equipment and modernization. However, the owner of the company has agreed to ensure full implementation of all social issues, including maintaining regular number of employees, timely payment of wages. And according to a joint decision by the staff and the owner, the validity sotsobyazatelstv extended until 2011 (previously stipulated that it will be completed in 2010.)

It is clear that the agreement with the MFI does not provide specific dates of implementation of investment commitments in their industrial and technical parts. State Property Fund agreed that the full resumption of programs to modernize the enterprise is possible only after achieving AMKR performance in 2005 - the year when "ArcelorMittal" came to Kryvorizhstal. Only then re-enable the MFI countdown timer is set for the execution of them. Thus, AMKR can remain under the "hood" FGI more than one year. Today there is no guarantee that the relative increase in demand and prices for steel products in the world emerging in the second half of 2009, will be sustainable and not be replaced by another failure.

not all may be required ...
In

MFI to control the actions of "ArcelorMittal" to make and trade union leaders. They AMKR simply a gift of fate, after all fight oligarchs for their own well-being "of the proletariat" - a thankless task. As a result, trade union committee AMKR emerged as the undisputed industry leader in the number of angry statements. Background for them is usually a deathly silence of colleagues in response to cuts in wages, forced unpaid leave and reduction. These anti-crisis measures are widely used in 2009 by all without exception, financial-industrial groups, owning assets in the Ukrainian MMC. Click to continue »