Friday November 29 2013
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
It has been reported that the government of Bulgaria has issued amended regulations to government securities, the most important are as follows:
Euro denominated Bulgarian government bonds will settle against payment through TARGET2.Government securities denominated in Bulgarian Leva will resume to settle against payment in RINGS, the real time gross settlement system.Settlement of transactions in government securities are considered final when the securities are credited to the account of the receiving participant.
This information will be updated as soon as further details become available.