New Developments 2006

September 4, 2006

Standard & Poor's Upgrades the Russian Federation's Long-Term Foreign Currency Rating to BBB+. 

August 31, 2006

Fitch Upgrades Peru's Foreign Currency Issuer Default Rating to BB+.  

Fitch Upgrades Romania's Foreign Currency Issuer Default Rating to BBB.  

Moody's Upgrades Brazil Foreign Currency Ceiling to Ba1. 

August 29, 2006

Fitch Awards B+ Foreign-Currency Issuer Default Rating to Jamaica. 

August 25, 2006

Second Circuit Decision in Kensington International Limited v. Congo. 

August 24, 2006

Fifth Circuit Decision in AF-Cap v. Congo. 

August 22, 2006

Standard & Poor's Upgrades Aries Rating to AAA Following Russian Paris Club Prepayment. 

August 21, 2006

EMTA Announces 2Q 2006 Debt Trading Volume Stood at US$1.659 Trillion.  

Venezuela Oil Obligations Record Date of September 29 and Payment Date of October 16 Expected. Trades are "Ex-Dividend" on September 27. Calculations for Payments on the Oil Obligations will be Announced by the Fiscal Agent Shortly.

August 17, 2006

Fitch Revises Ratings Methodology, Upgrades 40 Countries. 

August 16, 2006

Holiday Schedule for EM Bond Trades for UK Summer Bank and US Labor Day Holidays. 

August 15, 2006

Nigeria Payment Adjustment Warrants Certificate Evidencing Payment Adjustment Rights.