On 11 September 2015, the Fourth Interbank Conference “Money and Promissory Note Market” was organized by the Cbonds Congress in Yaroslavl, Russia. This was one of the largest events in Russia visited by more than 100 specialists of the money and promissory note markets, representatives of the Bank of Russia and the Ministry of Economic Development. The conference’s focus was a discussion of the situation in the banking sector, the foreign exchange and promissory note markets of the country.
An open meeting of the members of the Russian Repo Council was carried out as a part of the conference. Alina Akchurina, Managing Director for Collateral Management and Tri-Party Services of National Settlement Depository (NSD), Russia’s central securities depository, attended the meeting. She spoke about the development of the projects and new technologies in the sphere of collateral management, and emphasized NSD’s role in the Moscow Exchange Group’s projects in the money market. In addition, the participants of the Repo Council’s meeting discussed other key issues of the industry, such as: on-exchange and OTC repo technologies, current status and forthcoming innovations of NSD’s Repository, the Bank of Russia’s currency repo transactions and money market indicators.