Wednesday January 22 2014
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: European Union
Link: https://www.euroclear.com/en/news-views/news/press-releases/2014/2014-MR-02.html
Euroclear Bank’s post-trade services for Russian corporate and municipal bonds will commence on 30 January 2014. Via Euroclear Bank’s account with Russia’s central securities depository – National Settlement Depository (NSD) – all Euroclear Bank clients investing in corporate and municipal debt will be able to settle those trades and deposit their positions with Euroclear Bank.
This new service complements NSD and Euroclear Bank’s offering for Russian government bonds, known as OFZs, which was launched in February 2013. Municipal bonds and corporate bonds issued in 2012 and later are eligible for the service.
Click on above link for further details.