| Day 1 (June 29) |
| 09:00-10:00 Registration, morning coffee |
| 09:30-11:00 Bond Markets in CIS and Baltic States: Perspectives and Challenges |
| Sergey Lyalin, CEO of Cbonds.Ru | Bond markets in CIS and Baltic States: development results and future prospects |
| Richard Jory, associate editor, IFR | The global development of emerging bond markets and CIS countries features |
| Jana Petkova, Director, Syndicated Finance, ING | Syndicated loans for the borrowers in CIS countries - characteristics of the instrument, market development |
| Tim Nicolle, Director Securitization, HVB | Securitization as a way of funding for financial institutions and companies in CIS and Baltic States: market development and trends |
| 11:00-11:30 Coffee-break |
| 11:30-13:30 International borrowings of CIS and Baltic States issuers |
| Peter Epp, White & Case | Tier I issues as a new asset class of CIS eurobonds |
| Dmitriy Shemetilo, Emerging Markets Strategy, WestLB | Emerging Markets Outlook for 2006 |
| Roman Zhukov, Director, Investment Banking Services Department, TransCreditBank | Russian leasing securitization practice on the international financial markets |
| Mikhail Galkin, Vice President, Trust Investment Bank | Strategies in Russia, Ukraine and Kazakhstan |
| Rostislav Kulak, Head of the Capital Debt Markets Department, Moskommertsbank | Capital markets in CIS. Opportunities for multinational holdings |
| Representatives of Russian and foreign investment banks | Panel discussion: "Euro-ruble bonds - pros and cons" |
| 13:30-14:30 Lunch |
| 14:30-15:00 CIS and Baltic States Borrowers: Risks and Ratings |
| Aleksey Kechko, Associate Director, Financial Institutions, Fitch Ratings | Creditworthiness of CIS financial institutions |
| Maria Krasnikova, Soyuz Bank | Investing in CIS corporate bonds: peculiarities of industry risks assessment |
| 15:00-16:00 Bond Markets of the Baltic States (section sponsor - Parex Bank) |
| Gene Zolotarev, Board Member, Senior Vice President, Parex Bank | Bond market regulation in Baltic States |
| Boris Kinbers, Head of brokereage, Parex Banka | Development of the bond market in Latvia, Lithuania and Estonia |
| Robert Idelson, President, Parex Asset Management | Baltic investment funds |
| Leonid Alshansky, Senior analyst, Parex Banka | Investment attractiveness of the Baltic States' securities market |
| 16:00-16:20 Coffee-Break |
| 16:20-17:20 Ukrainian Bond Market |
| Sergey Biryuk, Member of the State Securities and Stock Market Commission | Current state and trends at Ukrainian bond market |
| Alexander Suliayev, Deputy Chairman of the Board, UkrSibbank | Ukrainian bond market: investment attractiveness |
| Leonid Carpenko, CEO, Altera-Finance | Ukrainian bond market: strategies for foreign investors |
| Stanislav Dubko, CEO, Credit-Rating Agency | Topic to be announced |
| 17:20-18:20 Kazakhstan Bond Market (section host - Kazakhstan Stock Exchange; section sponsor - CentroCredit Bank) |
| Lyubov Karlash, Managing Director, CentrCredit Bank | Borrowings of Kazakhstan financial sector |
| Eldar Abdrazakov, Director General, Centras Securities | New trends on the Kazakhstan bond market |
| Darhan Baikuatov, Head of international relations and securities, BTA Ipoteca | Securitisation in Kazakhstan. Refinancing of mortgage credits at securities market. |
| Award Ceremony for best investment banks in Russia, Ukraine and Kazakhstan |
| 19:00-21:00 Reception at the House of Reutern |
| Day 2 (June 30) |
| 10:00-11:30 Russian Bond Market |
| Isabelle Laurent, Deputy Treasurer & Head of Funding, EBRD | EBRD in the fixed income markets of Russia, CIS and Baltic States. The development of floating-rate market |
| Dmitry Ivakin, Deputy Head of stock market department, MICEX Stock Exchange | Bond market tehnology at MICEX |
| Yevgeniy Kochemazov, Senior Manager, Debt Securities Department, Vneshtorgbank | Russian bond market: investment attractiveness of instruments |
| Anna Matveeva, Seniour analyst, Troyka Dialog | Russian fixed income after currency liberalisation |
| 11:30-11:50 Coffee-break |
| 11:50-12:50 Uzbekistan Bond Market |
| Alisher Mirzayev, First Deputy Chairman of the Board, Ipak Yuliÿ | The topic to be announced later |
| Shakhzod Turayev, Director General, Interbak Trading Systemÿ | Interbank Trading System - arranger of the interbank corporate bond trading on Uzbekistan securities market |
| Igor Butikov, Director, Centre for privatization studies | Bond market as a part of Uzbekistan financial market |
| 12:50-13:50 Azerbaijan Bond Market |
| Gyunduz Mamedov, Chairman of the State Securities Committee | Regulation of the Azerbaijan bond market |
| Anar Ahundov, Chairman of the Board, Baku Stock Exchange | Bond market in Azerbaijan |
| Mansur Mamedov, Head of trading department, Baku Stock Exchange | Trends in bond market development in Azerbaijan |
| Agshin Amirov, Head of asset management, Respublika Bank | The experience of corporate bond placement in Azerbaijan |
| Gleb Shestakov, Managing Director, Global Fund Management | Azerbaijan bond market from the point of view of foreign investor |
| 13:50-15:00 Lunch |
| 15:00-15:30 Belarus Bond Market |
| Svetlana Markova, Deputy Director, Department of Central Bank and Monetary Regulation, Belarus Finance Ministry | Government securities market of Belarus |
| Sergey Tinnikov, Deputy Director General, Belarus Currency and Stock Exchange | Secondary bond market in Belarus |
| 15:30-16:10 Bond Market of Georgia |
| Lado Gurgenidze, CEO, Bank of Georgia | Bond market of Georgia |
| Ilia Enuqashvili, Executive Director, Caucasus Financial Services | Bond market and securitisation in Georgia |
| 16:10-16:30 Coffee-break |
| 16:30-17:30 Investment ideas at CIS Bond Markets |
| Roman Cherednichenko, CIS analyst, Cbonds | Bond markets in Moldova, Armenia, Kyrgyz Republic and Tajikistan |
| Representatives of CIS and international investment banks | Panel discussion: "Investment ideas at CIS Bond Markets" |
| 19:00-23:00 Gala-Dinner. Special guest - "AVENUE" (Estonia) |
| Day 3 (01.07) |
| Tour to Jurmala |
| Party "Cbonds - 5 Years in Business" |
