Renaissance Broker is a leader in Russia's domestic bond market, including government, corporate and municipal bonds.

In municipal and corporate local bonds, we have consistently maintained a 4.5%-plus market share and remained within the top-seven market players. We traded $15bn in 2010, and we continue to actively participate in both primary placements and secondary trading, including-market making commitments.

We provide liquidity for clients and counterparties, offering competitive bid/offer spreads in decent sizes through several daily e-mail distributions (axes) and an auto-executable Bloomberg page.