NSD and Belarus RCDS to Sign Additional Interactions Agreement
OREANDA-NEWS. May 04, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and the Republican Unitary Enterprise Republican Central Depository of Securities (Republic of Belarus) (RCDS) have signed an additional agreement on information interactions. In accordance with the additional agreement RCDS will submit decisions on issuance and information about open sale of Belarusian issuers' bonds to NSD on monthly basis.
Information received from RCDS is to be placed on NSD's web site (section "Issuers and Securities of the Republic of Belarus" in Russian) and updated on regular basis. Starting December 2010, Russian securities market participants get an access to information about Belarus's issuers and their securities.
A regular receipt of the information allows Russian investors to be aware of the situation in Belarus's debt market, to get and analyze information about debt instruments placed by Belarusian issuers on securities market, to be familiar with the liquidity issues and to make decisions for successful investment in Belarus's securities issuers.
About NSD
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.
NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.
In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.
NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
For further information about NSD: www.nsd.ru , or NSD Public Affairs Division: +7 495 232 0910, pr@ndc.ru
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