Thursday, March 16, 2000
As requested, a Glossary of Terms Used in the March 13th article, (intended, by the way, to be positive and upbeat, but seen by some as cynical and sarcastic - sorry).
Yakutian agrobonds: Bonds issued (in 1998) by the republic of Yakutia (Sakha, if you want to be p.c.).
Monday, March 13, 2000
Optimism is a commodity of dubious value when it comes to Russian capital markets, but I think we can all allow ourselves the tentative conclusion that enthusiasm for Russian paper is on the rise. Don’t dust off your Yakutian agrobonds just yet, but note that headhunters are on the prowl for salespeople, a few expats have actually returned, and the most bullish are claiming that “it’s just like it used to be.”
