OREANDA-NEWS. August 06, 2009. The National Depository Center (NDC) and the MICEX Settlement House (MICEX SH) announced that they successfully settled the first Delivery Versus Payment (DVP) transaction in foreign currency through their accounts with Euroclear Bank, an international central depository, reported the press-centre of NDC.

The first client to use the new service proved to be Russ-Bank.

As part of the new settlement arrangement, NDC is responsible for securities record and MICEX SН controls funds transfer. At the current stage settlements are performed in foreign currency for transactions with Eurobonds and depository receipts.

The list of securities on NDC’s accounts with Euroclear Bank admitted to operations according to the new scheme is available on NDC’s web-site at the following links: http://www.ndc.ru/ru/db/lists/eurobonds/, http://www.ndc.ru/ru/db/lists/depo_receipts/adr_gdr/