RUSAL Plc RDR to Be Admitted to Inter-Depository Interactions
OREANDA-NEWS. September 22, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, expands a list of issuers with shares circulated by means of inter-depository schemes of NSD's interactions with DCC, ZAO Citibank and ING Commercial Banking (ING BANK (EURASIA) ZAO). Starting 21 September, 2011, Sberbank of Russia's Russian depository receipts (RDR) confirming ownership right for United Company RUSAL Plc's common shares are to be included in the list.
An updated list of issuers with shares which may be transferred using inter-depository schemes of NSD's interactions with DCC, ZAO Citibank and ING Commercial Banking (ING BANK (EURASIA) ZAO) is available at NSD’s web site.
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.
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