EDB Eurasian Integration Yearbook 2013

Total Page:16

File Type:pdf, Size:1020Kb

EDB Eurasian Integration Yearbook 2013 Munich Personal RePEc Archive EDB Eurasian Integration Yearbook 2013 Vinokurov, Evgeny EDB Centre for Integration Studies 2013 Online at https://mpra.ub.uni-muenchen.de/61618/ MPRA Paper No. 61618, posted 04 Feb 2015 05:14 UTC Eurasian intEgration YEarBook annual publication of the Eurasian Development Bank Eurasian Integration Yearbook 3 annual publication of the Eurasian Development Bank УДК 339.9 ББК 65.428 Е 91 Eurasian Integration Yearbook 2013. – Almaty, 2013. – p. 394 ISBN 978-601-7151-39-3 Annual publication of the Eurasian Development Bank Edited by Evgeny Vinokurov the Eurasian Development Bank is an international financial institution established to promote economic growth and integration processes in Eurasia. the Bank was founded by the intergovernmental agreement signed in January 2006 by the russian Federation and the republic of kazakhstan. tajikistan, Belarus, armenia and kyrgyzstan joined the Bank in 2009-2011. Electric power, transportation infrastructure and high-tech and innovative industries are key areas for Bank’s financial activity. in line with its Сharter, the Bank views economic integration in the post-soviet space and greater Eurasia as the top-priority of its research work. ISBN 978-601-7151-39-3 УДК 339.9 ББК 65.428 © Eurasian Development Bank, 2013 Eurasian Development Bank Address: 220, Dostyk ave., almaty, 050051, republic of kazakhstan, telephone: +7 (727) 244 40 44, Fax: +7 (727) 244 65 70, 291 42 63 E-mail: [email protected] http://www.eabr.org Coordinator: gulnaz imamniyazova, EDB Design, layout, and printing: ruan Publishing Company the EDB’s special acknowledgements go to tatyana ossennikova, Botakoz kassimova, stas Myong, Ekaterina kopylova, Hannah Dyson, Jonathan Elliot and stephany Droop for translating and editing materials for the Yearbook in English. no part of this publication may be reprinted or reproduced or utilised in any form, including reprinting and recording of any kind, without due reference to this publication. the views expressed in this publication are those of author and do not necessarily reflect the views of the Eurasian Development Bank. 3 Eurasian Integration Yearbook annual publication of the Eurasian Development Bank Edited by Evgeny Vinokurov, EDB Advisory Council: Sailau Baizakov, Insitute for Economic Research, Astana Michael Emerson, Centre for European Policy Studies, Brussels Valery Geets, Institute for Economic Forecasting, Kyiv Ruslan Grinberg, Insitute of Economy RAS, Moscow Ivan Korolev, Institute for World Economy and International Relations RAS, Moscow Luk Van Langenhove, United Nations University, Bruges Johannes Linn, Brookings Institute, Washington Liu Huaqin, Chinese Academy of International Trade and Economic Cooperation, Beijing Katlijn Malfliet, Catholic University of Leuven Ivan Samson, University of Grenoble II Leonid Vardomskiy, Institute of Economy RAS, Moscow Vladimir Yasinskiy, EDB, Almaty ContEnts Contents List of Figures and Tables 6 List of Abbreviations 12 GREEtINGS igor Finogenov, Chairman of the EDB 14 EuRASIAN ECoNoMIC uNIoN-2015: DEEpENING AND WIDENING REGIoNAL INtEGRAtIoN 1. pragmatic Integration 15 Evgeny Vinokurov 2. Eurasian partnership: potential Instruments for External Relations of the Eurasian Economic union 28 alexander knobel, Vladimir Pereboyev 3. tajikistan and the Customs union: Challenges and opportunities 50 Michael Demidenko 4. Labour Migration and Human Capital in Kyrgyzstan and tajikistan: Impact of Accession to the SES 68 Evgeny Vinokurov, Vladimir Pereboyev 5. Integrated Foreign Exchange Market in CIS: From theory into practice 89 alexei kuprin, Victoria Mishina 6. Analysis of trade and production Linkages between Border Regions of Russia and Kazakhstan: Impact of Customs union and Single Economic Space 102 Leonid Limonov, nina oding, Denis kadochnikov, Lev savulkin and andrei anisimov MoNItoRING INtEGRAtIoN pRoCESSES 7. Integration Sentiment in post-Soviet Countries: Status and Dynamics 127 igor Zadorin, Victor Moisov 4 EDB Eurasian integration Yearbook 2013 ContEnts 8. Shifts in Sector Structure of Mutual Direct Investments of the CIS Countries 148 alexey kuznetsov 9. Belarusian Commodity Distribution Companies in CIS Countries 158 Yuriy kvashnin ADVANCING FuNCtIoNAL ECoNoMIC CoopERAtIoN 10. Energy Security and Water Resources Management in transboundary River Basins in Central Asia 168 Vladimir Yasinskiy, alexander Mironenkov, tulegen sarsembekov 11. Grain Sector: potential of Eurasian Integration and objectives of Economic policy 181 andrei anisimov, arkadyi Zlochevskiy, rudolf Bulavin, Evgeny gan, irina kobuta, alexander korbut 12. Developing Commodity Exchange trading in the Single Economic Space 196 natalia Maximchook 13. Mechanical Engineering in the Single Economic Space of Russia, Kazakhstan and Belarus 233 ardak tashenov 2012: DAtA AND REVIEWS 14. CIS Region Countries: A Slowdown in 2012 and the prospects for Moderate Acceleration in the Medium term 253 kairat Beisenov, Elvira kurmanalieva 15. Chronicle of Eurasian Regional Integration 2012 271 natalia Maqsimchook 16. Multilateral Development Banks: overview of Activities in 2012 329 Yulia sterligova information for authors 377 index 379 Eurasian Development Bank 5 List oF FigurEs anD taBLEs List of Figures and tables FIGuRES Figure 2.1. trade balance deficit: armenia, Moldova and tajikistan 36 Figure 2.2. global Competitiveness index 37 Figure 2.3. Ease of Doing Business: Fsu countries’ rankings on trading across borders 38 Figure 2.4. Ease of Doing Business: Fsu countries’ rankings on investor protection 39 Figure 3.1. Dynamics of inflation, real gDP growth, capital investment and domestic savings of the republic of tajikistan 51 Figure 3.2. Ministry of Finance of the republic of tajikistan 52 Figure 3.3. gDP structure by sectors 54 Figure 3.4. industrial output structure in 2010 55 Figure 3.5. additional gDP growth potential from the accession of tajikistan to the Cu-sEs 60 Figure 3.6. gDP growth in percentage vs. growth in factor productivity 64 Figure 4.1. External migration of kyrgyzstan’s population in 2011 70 Figure 4.2. reasons for labour migration 72 Figure 4.3. sources of assistance and support 73 Figure 4.4. Labour migration and the broader economy: multiple channels of impact 74 Figure 4.5. net inflow of money transfers into kyrgyzstan 75 Figure 4.6. average monthly income of kyrgyz labour migrants in russia and kazakhstan 75 Figure 4.7. occupations of labour migrants 76 Figure 4.8. Education level 77 Figure 4.9. Plans with respect to labour migration 78 Figure 4.10. Main problems for labour migrants 80 Figure 4.11. the distribution of tajik workers by occupation 83 Figure 5.1. Moscow Exchange’s FX market average daily trading volume 93 Figure 5.2. geographical breakdown of russian interbank (a) usD/ruB spot transactions and (b) Eur/usD swap transactions, by non-resident counterparty’s location 94 6 EDB Eurasian integration Yearbook 2013 List oF FigurEs anD taBLEs Figure 5.3. Client transactions and the number of clients registered in the Moscow Exchange’s currency market 97 Figure 5.4. Foreign exchange market turnover by categories of participants/clients 2012 97 Figure 5.5. average daily trade in CnY/ruB at the Moscow Exchange 98 Figure 6.1. Bilateral trade between russia and kazakhstan 104 Figure 6.2. the significance of bilateral trade for russia and kazakhstan 105 Figure 6.3. the volumes of foreign trade of the russian and kazakh border areas, as a percentage of the overall foreign trade of russia and kazakhstan 106 Figure 6.4. Foreign trade, in percent of gDP/grP of russia, kazakhstan and their border areas 107 Figure 6.5. the commodity structure of exports by region in 2010 108 Figure 6.6. the commodity structure of imports, by region in 2010 109 Figure 6.7. the commodity structure of exports and imports of the border areas of russia and kazakhstan in 2010 110 Figure 6.8. the number of migrants from kazakhstan to russia and from russia to kazakhstan 111 Figure 6.9. the regional structure of the grP of the border regions of russia and kazakhstan 112 Figure 6.10. two-way investment between russia and kazakhstan 113 Figure 6.11. Fixed capital investment by entities involving foreign capital 114 Figure 6.12. the December-over-December consumer price index 115 Figure 6.13. Electricity prices 116 Figure 6.14. Changes in average annual prices of 95-octane gasoline 116 Figure 6.15. Per capita money income 117 Figure 7.1. Countries grouped by priority geopolitical vector 132 Figure 7.2. Dependence of migration preferences on age (ukraine’s data) 133 Figure 7.3. to which of the listed countries would you go to study (or send your children to study)? 134 Figure 7.4. With which countries should our state or companies cooperate in the scientific and technical fields, e.g. conduct joint studies and exchange findings, technology and scientific ideas? 135 Eurasian Development Bank 7 List oF FigurEs anD taBLEs Figure 7.5. From which countries should our country receive capital and investment, and invite companies and business people to set up businesses in our country? 136 Figure 7.6. Which of the listed countries, in your opinion, are friendly to our country (i.e. could be expected to support us in times of need)? (three directions) 137 Figure 7.7. Which of the listed countries, in your opinion, are friendly to our country (i.e. could be expected to support us in times of need)? 138 Figure 7.8. isolationist sentiment in the countries covered by the projects (average sums of the “no such country exists” and “Difficult to say” boxes for questions asked in each country) 139 Figure 7.9. Belarus, kazakhstan and russia formed the Customs union, which eliminated customs duties between these three countries, and the single Economic space (effectively a common market). What is your assessment of this decision? 141 Figure 7.10. Belarus, kazakhstan and russia formed the Customs union, which eliminated customs duties between these three countries, and the single Economic space (effectively a common market). Do you think our country should join them? 141 Figure 7.11. attitude towards the Cu and the sEs and answers to the question about preferred goods 142 Figure 7.12.
Recommended publications
  • Conducting Business in Ukraine Brochure
    Conducting Business 2017 in Ukraine All of the information included in this document is for informational purposes only, and may not reflect the most current legal developments, judgments, or settlements. This information is not offered as legal or any other advice on any particular matter. The Firm and the contributing authors expressly disclaim all liability to any person in respect of anything, and in respect of the consequences of anything, done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents of Baker McKenzie’s Conducting Business in Ukraine brochure. No client or other reader should act or refrain from acting on the basis of any matter contained in this document without first seeking the appropriate legal or other professional advice on the particular facts and circumstances. Conducting Business in Ukraine 2017 Baker McKenzie Renaissance Business Center 24 Bulvarno-Kudriavska St. Kyiv 01601, Ukraine Tel.: +380 44 590 0101 Fax: +380 44 590 0110 [email protected] www.bakermckenzie.com\ukraine Conducting Business in Ukraine Table of Contents Preface ................................................................................................... i 1. Ukraine – An Overview .......................................................... 1 1.1 Geography, Topography and Population .................... 1 1.2 Government, Political and Legal Systems .................. 1 1.3 Regional Structure ...................................................... 6 1.4 Economy ....................................................................
    [Show full text]
  • Evaluation of the Modern Tendencies in the Ukrainian
    Baltic Journal of Economic Studies Vol. 1, No. 2, 2015 EVALUATION OF THE MODERN TENDENCIES IN THE UKRAINIAN STOCK MARKET DEVELOPMENT Oleksandr TROFIMCHUK1, Mykhailo TROFIMCHUK2, International Economics and Humanities University named after S. Demyanchuk, Ukraine Abstract. The purpose of the article is to research and critically evaluate the features of functioning and develop- ment the stock market in Ukraine. The main point is to substantiate modern tendencies and to find ways of more efficient development of the Ukrainian stock market. Methodology. The research is based on the analysis of the important aspects which characterize stock market development. They are the volume of trading activity that was done on stock exchanges, level of market capitalization, economic concentration, price policy on market services, and control over the insider information use and manipulation identification. Results. On the basis of volume of trading activity that was done on stock exchanges, features of stock market structure are determined. Comparative analysis between the stock market capitalization level of Ukraine and average world index of stock market capi- talization is done. The level and dynamic of economic concentration is defined. Features of competition between Ukrainian stock exchanges are analyzed. Great attention in research is paid to problems of control over the insider information use and principles of manipulation identification by stock exchanges. Value/originality. The research showed that main amount of trading operations was done in “shadow” stock market, capitalization level decreased and stock market in Ukraine does not meet international standards of transparency. Further research should be focused on problems of ensuring the effective implementation of the basic principles of competition between market participants.
    [Show full text]
  • Наука Красноярья Krasnoyarsk Science
    ISSN 2070-7568 НАУКА КРАСНОЯРЬЯ Журнал основан в 2011 г. №6(17) 2014 Главный редактор – Я.А. Максимов Выпускающий редактор – Н.А. Максимова Ответственный секретарь редакции – О.Л. Москаленко Технический редактор, администратор сайта – Ю.В. Бяков Компьютерная верстка – Л.И. Иосипенко KRASNOYARSK SCIENCE Founded in 2011 №6(17) 2014 Editor-in-Chief – Ya.А. Maksimov Deputy Editor-in-Chief – N.А. Maksimova Executive Secretary – O.L. Moskalenko Support Contact – Yu.V. Byakov Imposer – L.I. Iosipenko Красноярск, 2014 Научно-Инновационный Центр ---- 12+ Krasnoyarsk, 2014 Publishing House Science and Innovation Center Издательство «Научно-инновационный центр» НАУКА КРАСНОЯРЬЯ, №6(17), 2014, 268 с. Журнал зарегистрирован Енисейским управлением Федеральной службы по надзору в сфере связи, информационных технологий и массовых коммуникаций (свидетельство ПИ № ТУ 24-00430 от 10.08.2011) и Международным центром ISSN (ISSN 2070-7568). Журнал выходит шесть раз в год Статьи, поступающие в редакцию, рецензируются. За достоверность сведений, изложенных в статьях, ответственность несут авторы публикаций. Мнение ре- дакции может не совпадать с мнением авторов материалов. При перепечатке ссылка на журнал обязательна. Журнал представлен в полнотекстовом формате в НАУЧНОЙ ЭЛЕКТРОННОЙ БИБЛИОТЕКЕ в целях создания Российского индекса научного цитирования (РИНЦ). Адрес редакции, издателя и для корреспонденции: 660127, г. Красноярск, ул. 9 Мая, 5 к. 192 E-mail: [email protected] http://nkras.ru/nk/ Подписной индекс в каталоге «Пресса России» – 33298 Учредитель и издатель: Издательство ООО «Научно-инновационный центр» Publishing House Science and Innovation Center KRASNOYARSK SCIENCE, №6(17), 2014, 268 p. The edition is registered (certificate of registry PE № TU 24-00430) by the Federal Service of Intercommunication and Mass Media Control and by the International cen- ter ISSN (ISSN 2070-7568).
    [Show full text]
  • Markit Index Standard Treatment Index Manual / 7 May 2021
    Markit Index Standard Treatment Index Manual / 7 May 2021 Copyright © 2021 IHS Markit Ltd T180614 Markit Index Standard Treatment | CA003 1 Introduction..................................................................................................4 2 Terminology and Notation........................................................................... 5 3 Divisor Methodology....................................................................................8 4 Dividend Points Calculation........................................................................ 9 5 Indices Conversion to Different Currencies.............................................. 10 6 Corporate Actions Treatment Specifications............................................. 11 6.1 General rules of corporate actions treatment....................................11 6.1.1 Price Return, Net Return and Gross Return index adjustments................................................................................... 11 6.1.2 Corporate actions implementation date.................................... 11 6.2 Cash Dividends ................................................................................ 11 6.2.1 Regular Cash Dividend.............................................................11 6.2.1.1 Definition .......................................................................... 11 6.2.1.2 Treatment ......................................................................... 12 6.2.2 Special Cash Dividend..............................................................13 6.2.2.1
    [Show full text]
  • International Projects
    Monthly Issue 7/2012 July 2012 YOUR GUIDE TO THE RUSSIAN STOCK AND DERIVATIVES MARKET International Projects In this Issue: MICEX–RTS announced the launch of trading in futures Valuable information for your business including: on BRICS Indices • The latest news from the With the launch of futures on (Johannesburg Stock Exchange) Russian market BRICS benchmark equity indices from South Africa. on June 6, 2012, all Russian The first stage of the BRICS • Market data for June 2012 investors, for the first time, got exchanges’ cooperation is cross- • MICEX–RTS International an opportunity for easy exposure listing of benchmark equity index projects to these fast-growing markets. derivatives on all the participating • Professional opinion of market This became possible thanks trading venues. As a result, all specialists to the joint efforts of the BRICS MICEX–RTS clients have been exchanges alliance that was provided access to the following formed on 12 October 2011. financial instruments: This is a unique project that opens The initiative brings together • futures contract up new opportunities for economic the BM&FBOVESPA from Brazil, on the BOVESPA Index; cooperation in the BRICS region. MICEX–RTS Exchange from • futures contract The initiative provides more investors Russia, the BSE Ltd (formerly on the Sensex Index; with an easy access to the dynamic known as Bombay Stock • futures contract BRICS economies which will facilitate Exchange) from India, Hong Kong on the Hang Seng Index; liquidity growth in these markets Exchanges and Clearing Limited • futures contract on the and considerably strengthen the (HKEx), and the JSE Limited FTSE/JSE Top40 Index international position of the BRICS alliance in the global economy.
    [Show full text]
  • 2020 Market Highlights
    2020 Market Highlights Summary 2020 was an extraordinary year for everyone, perhaps rather too eventful. The Covid-19 pandemic, the US presidential election, Brexit, the resignation of Japan’s prime minister Shinzo Abe and increased tension between the US and China created vast economic uncertainty and a flood of pessimistic forecasts. In March we saw market volatility levels comparable only to those of the Great Financial Crisis of 2008 and for months on end, normal working, travel, and leisure arrangements were severely disrupted. When we look at the data, the magnitude of the shock is evident, particularly in March. But what is remarkable is that despite the exceptional circumstances and even during the worst days of the crisis, markets remained open and functioning. In addition, after the peak in uncertainty observed in March, markets quickly recovered. By the end of July, most indicators registered a quick reversal to the activity levels seen before the pandemic, reflecting a strong confidence in the markets and in their role in supporting the economy. Towards the end of the year, the news of the development and approval of several Covid-19 vaccines, the final agreement between the UK and the EU, and the outcome of the US elections seemed to have boosted the confidence of investors and issuers, driving markets to end the year on a high note. Key Indicators Equities • After a sharp drop (20.7%) in Q1, domestic market capitalisation quickly recovered, reaching pre-pandemic levels by the end of Q2. • In November 2020, global market capitalisation passed the 100 USD trillion mark for the first time, ending the year at 109.21 USD trillion, up 19.7% when compared with the end of 2019.
    [Show full text]
  • Doing Data Differently
    General Company Overview Doing data differently V.14.9. Company Overview Helping the global financial community make informed decisions through the provision of fast, accurate, timely and affordable reference data services With more than 20 years of experience, we offer comprehensive and complete securities reference and pricing data for equities, fixed income and derivative instruments around the globe. Our customers can rely on our successful track record to efficiently deliver high quality data sets including: § Worldwide Corporate Actions § Worldwide Fixed Income § Security Reference File § Worldwide End-of-Day Prices Exchange Data International has recently expanded its data coverage to include economic data. Currently it has three products: § African Economic Data www.africadata.com § Economic Indicator Service (EIS) § Global Economic Data Our professional sales, support and data/research teams deliver the lowest cost of ownership whilst at the same time being the most responsive to client requests. As a result of our on-going commitment to providing cost effective and innovative data solutions, whilst at the same time ensuring the highest standards, we have been awarded the internationally recognized symbol of quality ISO 9001. Headquartered in United Kingdom, we have staff in Canada, India, Morocco, South Africa and United States. www.exchange-data.com 2 Company Overview Contents Reference Data ............................................................................................................................................
    [Show full text]
  • Company Profile
    CSD Company Profile Organization Name: Public Joint-Stock Company “National Depository of Ukraine” (hereinafter – NDU) Country/ Region: Ukraine Name of CEO: Mindaugas Bakas Capital (US$): 4.3 mln. Number of Officers and Employees: 3 officers and 113 employees Ownership and Governance Ownership structure: (Main Shareholders) • National Bank of Ukraine (NBU) — 25 % • State represented by the National Securities and Stock Market Commission (NSSMC) — 25 % • Corporate non-state pension fund of NBU — 10.98 % • PJSC “State Savings Bank of Ukraine” — 24.99 % • Other stock market participants — 14.03 % Brief History 1997: Law of Ukraine “On National Depository System and Peculiarities of Electronic Circulation of Securities in Ukraine” defined a structure of the National Depository System, NDU role and place in the market 1998: December 18, NBU and NSSMC signed an Agreement on NDU establishment 1999: May 17, NDU was registered with the State NDU became a member of the Association of National Numbering Agencies and started to exercise functions of a National Numbering Agency 2004: NDU became a member of the Association of Eurasian Central Securities Depositories February 2017 1/6 CSD 2006: NDU connected to S.W.I.F.T. system 2008: NDU established a link with Oesterreichische Kontrollbank AG (Austrian CSD) 2009: NDU started on-exchange securities transactions settlement 2010: NDU became a member of the European Central Securities Depositories Association NDU established a link with Clearstream Banking Luxembourg (ICSD) 2012: NDU became a member of
    [Show full text]
  • Inside the Market in This Issue
    Monthly Issue 8/2012 August 2012 YOUR GUIDE TO THE RUSSIAN STOCK AND DERIVATIVES MARKET Inside the Market In this Issue: Valuable information for Moscow Exchange and RVC established Russian your business including: Innovation IPO Club • The latest news from the On July 04, 2012 the kick-off Club is aimed at promotion of Russian market meeting of Russian Innovation IPO Russian technological companies • Market data for July 2012 Club was held. Russian Innovation conducting IPOs, discussion of IPO Club is being established with common issues and sharing expe- • Moscow Exchange the support of the Moscow Ex- rience in a casual environment. International projects change Innovation and Investment Anatoly Chubais (RUSNANO), • Professional opinion of market Market (the IIM) and OJSC RVC. Alexander Afanasiev (Moscow specialists Ongoing development of the Rus- Exchange), Igor Agamirzian (RVC), sian economy innovation sector Ivan Rodionov (Higher School of experts of investment and innova- entails building the innovation Economics), Alexander Egorov tion community were among the sector of the Russian public stock (Reksoft), Alexey Kalinin (Baring meeting’s participants. market that is being formed also Vostok Capital Partners), and Ser- In his address to the meeting, within the Innovation and Invest- gey Nedoroslev (Kaskol) participat- Alexander Afanasiev, CEO of ment Market of Moscow Ex- ed in the meeting. In addition, top Moscow Exchange, stressed: “The change. However, at the moment managers and owners of innovative Innovation and Investment Market there is no any official or unofficial companies which have already embodies an opportunity to buy public association representing floated to the public market, first of the future.
    [Show full text]
  • LCSH Section U
    U-2 (Reconnaissance aircraft) (Not Subd Geog) U.S. 29 U.S. Bank Stadium (Minneapolis, Minn.) [TL686.L (Manufacture)] USE United States Highway 29 BT Stadiums—Minnesota [UG1242.R4 (Military aeronautics)] U.S. 30 U.S. Bicycle Route System (May Subd Geog) UF Lockheed U-2 (Airplane) USE United States Highway 30 UF USBRS (U.S. Bicycle Route System) BT Lockheed aircraft U.S. 31 BT Bicycle trails—United States Reconnaissance aircraft USE United States Highway 31 U.S.-Canada Border Region U-2 (Training plane) U.S. 40 USE Canadian-American Border Region USE Polikarpov U-2 (Training plane) USE United States Highway 40 U.S. Capitol (Washington, D.C.) U-2 Incident, 1960 U.S. 41 USE United States Capitol (Washington, D.C.) BT Military intelligence USE United States Highway 41 U.S. Capitol Complex (Washington, D.C.) Military reconnaissance U.S. 44 USE United States Capitol Complex (Washington, U-Bahn-Station Kröpcke (Hannover, Germany) USE United States Highway 44 D.C.) USE U-Bahnhof Kröpcke (Hannover, Germany) U.S. 50 U.S. Cleveland Post Office Building (Punta Gorda, Fla.) U-Bahnhof Kröpcke (Hannover, Germany) USE United States Highway 50 UF Cleveland Post Office Building (Punta Gorda, UF Kröpcke, U-Bahnhof (Hannover, Germany) U.S. 51 Fla.) Station Kröpcke (Hannover, Germany) USE United States Highway 51 BT Post office buildings—Florida U-Bahn-Station Kröpcke (Hannover, Germany) U.S. 52 U.S. Coast Guard Light Station (Jupiter Inlet, Fla.) BT Subway stations—Germany USE United States Highway 52 USE Jupiter Inlet Light (Fla.) U-Bahnhof Lohring (Bochum, Germany) U.S.
    [Show full text]
  • MSCI Index Calculation Methodology Index Calculation Methodology for the MSCI Equity Indexes
    Index Methodology MSCI Index Calculation Methodology Index Calculation Methodology for the MSCI Equity Indexes February 2014 msci.com Index Methodology MSCI Index Calculation Methodology February 2014 Contents Contents ..................................................................................... 2 Introduction ............................................................................... 5 MSCI Equity Indexes .................................................................. 6 Section 1: MSCI Price Index Methodology ................................ 7 1.1. Price Index Level ............................................................................................... 7 1.1.1. Index Market Capitalization ...................................................................... 7 1.1.2. Example of calculation ............................................................................ 10 1.2. Price Index Level (Alternative Calculation Formula – Contribution Method) .................................................................................................................... 11 1.2.1. Security Contribution to the Index ......................................................... 11 1.2.2. Today’s Initial Security Weight ................................................................ 12 1.2.3. Security Daily Price Return ....................................................................... 13 1.2.4. Example of calculation using contribution ............................................ 15 1.3. Next Day Initial Security Weight ...............................................................
    [Show full text]
  • List of Trading Floor Identifier for Emissions
    List of trading floor identifier for emissions Trading floor ID A price at which Eurobonds are accepted by the Central Bank of Russia for direct OTC REPO 24 deals Abu Dhabi Securities Exchange 97 AIAF - Mercado De Renta Fija 241 Albanian Secuities Exchange 395 Algerian exchange 291 American Stock Exchange 152 Amman Stock Exchange 311 Armenia Securities Exchange 15 Armenian OTC 331 Astana International Exchange 385 Athens Stock Exchange 53 Australian Stock Exchange 121 B3 S.A. - Brasil, Bolsa, Balcao 181 Bahrain Bourse 309 Baku Stock Exchange 11 Banja Luka Stock Exchange 179 Barcelona Stock Exchange 59 Beirut Stock Exchange 310 Belarus Currency and Stock Exchange 13 Belarus Currency and Stock Exchange. Forward transactions 501 Belgrade Stock Exchange 123 Berlin Exchange 71 Bermuda Stock Exchange 27 Bicentennial Public Securities Exchange 185 Boletin del Mercado de Deuda Publica 113 Bolsa Boliviana de Valores (BBV) 337 Bolsa de Valores de la Republica Dominicana 295 Bolsa de Valores de Lima (BVL) 213 Bolsa de Valores de Mozambique (BVM) 389 Bolsa de Valores y Productos de Asuncion (BVPASA) 313 Bolsa Electronica de Chile 321 Bolsa Electronica de Valores del Uruguay 361 Bolsa Mexicana de Valores 103 Bolsa Nacional de Valores de Costa Rica 31 Bolsas y Mercados Argentinos (trades settled in ARS in Argentina) 379 Bolsas y Mercados Argentinos (trades settled in USD in Argentina) 401 Bolsas y Mercados Argentinos (trades settled in USD through foreign accounts) 403 - 1 - ©Cbonds.ru Trading floor ID BondSpot 69 Borsa Istanbul (International Bonds
    [Show full text]