OREANDA-NEWS. December 11, 2007. MDM Bank won recognition in the categories of "Best Analyst on the Ruble Bond Market" and "Best Analyst on the Euro Bond Market" at the Cbonds Awards 2007 ceremony. MDM Bank's team of analysts were awarded second place in both categories, ahead of many leading Russian and international investment banks and financial institutions.

Cbonds news agency and the MICEX stock exchange organized the ceremony, which was held last week at the Russian Bond Congress 2007. Cbonds General Director Sergey Lyalin presented awards to MDM Bank’s Director of Bond Market Research Mikhail Galkin.

Cbonds Awards is an annual contest for bond market professionals. Market participants select the best teams of analysts, the most successful traders and the best issuers of debt securities via Internet voting on the Cbonds website, which ensures maximum objectivity.

MDM Bank Deputy Chairman of the Management Committee for Corporate and Investment Banking Sergey Babayan commented: "We are pleased with the high assessment of our work. At the end of 2006, MDM Bank put together a strong team of bond market analysts that has raised the quality of our analytical products to a new level."