FINANCIAL NEWS


1. US $ RATE CHANGE AND THE TURNOVER AT THE MOSCOW INTERBANK CURRENCY MARKET.
2. BANKS-DEBTORS' OPERATIONS TO BE CUT DOWN.
3. THE MINISTRY OF FINANCE SOLD ALL 6 MONTH- STATE SHORT-TERM BONDS.
4. THE LAW ON BANKS, INCLUDING THE LAW ON THE BANK OF RUSSIA, TO APPEAR IN
   RUSSIA ONLY IN OCTOBER.
5. IT IS NOT DIFFICULT TO CHEAT RUSSIAN CITIZENS.
6. THE ISSUE PROSPECTUS OF THE CORPORATION "SUPREMEX" HAS BEEN REGISTERED.
7. 5 RUSSIAN BANKS ARE IN THE LIST OF THE LEADING WORLD BANKS.
8. THE PARAMETERS OF A REGULAR PRIMARY AUCTION FOR SSB (THE STATE SHORT-TERM
   BONDS) HAVE BEEN ANNOUNCED.