Republican Central Securities Depository Boom
Belarusian bonds issuers are included into the Russian investment fund
24 december 2014
Belarusian bonds issuers are included into the Russian investment fund
In December 2014 a joint work of RUE “RCSD” and OJSC “Specialized Depository “INFINITUM” (Moscow, Russian Federation) in the sphere of buying of bonds by the Russian Management Company and inclusion of the mutual investment fund of domestic corporate bonds issuer was completed.
All preparations also provide opportunities for Russian companies to buy Belarusian securities through OTC transactions in the future.
“We are satisfied with the results of our joint work with Russian colleagues. Securities market regulators of the Republic of Belarus and Central Depository have been making arrangements pointed at cooperation with Russian leading depositories over the years and aimed at mutual entrance to neighbors country market. At this moment the market regulator of the Republic of Belarus intends to amend legislative instruments regulating corporate and state bonds transfers to correspondent depository accounts of depositories-nonresidents. Interest in the bond market of Belarusian issuers is a long-expected event and a nice gift for New Year 2015”.
Valentina Timoshenko,
Director of Central Securities Depository
of the Republic of Belarus
Press-release prepared by Specialized Depository “INFINITUM” is available at its official website:
http://www.specdep.ru/info/news/detail.php?ELEMENT_ID=30849.