I the know the person representing the seller of a some Bank Guarantees. My question is how marketable are these? Thank you in advance..

Here are the following parameters:

The BG is issued from VTB Bank (Vneshtorgbank)
2.5 Billion Euro - Can be purchased in denominations 250M Euros
13 Month BG with a one year extension
Issued April 22nd, 2008
Price is 82+1

Any information would be helpful...

The size is not possible.

look at the bank's annual report.

be careful as VTB is conservertive.

will

Full of RED FLAGS.

Most importantly ....How do one cut down the size of an already issued BG, that if real, has its' own specific securitization codes??

Thank you both for your response. My mistake the offer is for only 250M. The seller who has the relationship with the bank indicated he could offer more depending on the buyers needs.

if issued in Non-Russian Currency wthere are certain requirements beside an approval code from the Central Bank and a non Russian payment agent. Marketability of a VTB BG is relatively low because the possibility to interfere under the Russian jurisdiction and in the current climate this type of risk is just a non no. VTBobviously needs money and does not want to tab its already streched credit facilities, so they will not have a foreign confirmation.

 

Their rating see : http://www.vtb.com/rus/web.html?s1=2270&l=2

 

Just think again: This bank has just placed 1B Euro's in Bonds, has its own Investment Nanking Department and certainly does not need any gray market brokerage, especially when such pricing and procedure would cause raised eyebrows.

 

I suggest you get the details and ask them direct if it is real.

Dear Sirs,
PLS let me know is this still valide offer?
If yes we have RWA buyer. PLS conect with me ASAP.
Price is O.K. for us ! If you are interesting I will send you contract after your respond !
Please respond to stroikonsult@aol.com

Regards,
Jan

Jan:

One short question:

Why do you think that this offer is real and available after reading the feedbacks? There is no Instrument for sale and that's the point. Or you are really interested to become Nr. 10 in the Chain?

DDrep

theLBgroup aka our friend Harry:

Harry, try using Brady to post your nonsense offers and keep this board clean. There are some members trying to share their knowledge to help others to learn.

Thank you
DDrep