| Topic | Speaker |
| 09:00-09:45 - Registration, welcoming coffee |
| 09:45-11:30 - Section 1 |
| Welcoming speeches | Representatives of Cbonds, State Committee for Securities and Stock Market, and sponsors |
| State strategy on the bond market | Representative of the State Committee for Securities and Stock Market |
| Characteristics of the corporate bond market in Ukraine in 2004 and the outlook for 2005 | Alexander Sulyaev, head of IB department, Ukrsibbank |
| Municipal loans - the outlook for 2005 | Victor Padalka, deputy head of Kiev City Administration, head of financial department |
| Government bond market in Ukraine - old and new instruments | Representative of the Finance Ministry/ Ukrainian investment bank |
| Prospects for municipal bond market development in Ukraine | Yury Prozorov, Banking Coordinator of UKRAINIAN MUNICIPAL DEVELOPMENT FUND, President of Ukrainian Society of Financial Anslysts |
| 11:25-12:00 - Coffee Break |
| 12:00-13:20 - Section 2 |
| Where would the interest rates go on the Ukrainian market | Eric Naiman, head of financial instruments issuance at Ukrsozbank |
| Evolution of borrowing types - what characteristics will bonds have in 2005 | Representative of a Ukrainian investment bank |
| Practical experience of debt issuance on the Ukrainian market | Andrey Dribinyk, CEO IC "Optima-Invest" |
| Securitisation in the field of real estate industry bond issues | Leonid Carpenko, head of debt market department, Altera Finance |
| 13:20-14:30 - Lunch |
| 14:30-15:50 - Section 3 |
| Domestic market vs External market - issuer's choice | Issuer representative |
| Credit ratings of Ukraine and its issuers - growth perspectives for 2005-2006 | Robert E. Richards, Managing Director, Chief Credit Officer, Russia & CIS, Standard & Poor's |
| Eurobond market development outlook for Ukrainian issuers in 2005 | Representatives of a foreign investment bank |
| Where would the rates go? What will happen to interest rates on developed markets, and how will it influence emerging markets? | Dmitriy Shemetilo, Emerging Markets Strategy, Commerzbank Securities |
| Panel discussion: | Representatives of CIS and foreign investment banks |
| 15:50-16:30 - Coffee Break |
| 16:30-18:20 - Section 4 |
| Ukrainian bonds from the point of view of foreign investors | Gleb Shestakov, Managing Director, GLOBAL FUND MANAGEMENT |
| Ukrainian bonds from the point of view of Russian investors | Olga Gorohovskaya, senior manager fixed income department, Alfa-Bank (Russia) |
| Is there any value left in Russian and Ukrainian fixed income and how to spot it | Elena Ignatjeff, Executive Director, Head of Investment Banking - Finacial Institutions, Parex banka (Latvia) |
| Legal issues nonresidents face when investing on the Ukrainian market | Law company representative |
| The experience and prospects for national credit ratings scale in Ukraine | Stanislav Dubko, Head of rating agency Credit-Rating (Ukraine) |
| Panel discussion: Mandatory ratings - pros and cons for the Ukrainian bond market | Representative of a Ukrainian rating agencies and investment banks |
| 18:20-18:30 - Closure of the official part of the Conference |
| 19:00-23:00 - "Party" for conference participants |
