NSD and Belarus's RCDS to Conclude Information Interactions Agreement

15 December 2010
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MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and the Republican Unitary Enterprise Republican Central Depository of Securities (Republic of Belarus) (RCDS) on December 1, 2010 signed an agreement on information interactions.

In accordance with the signed agreement RCDS is to provide to NSD the following information on monthly basis:

  • on new legal and regulatory acts, including amended legal acts regulating securities market of the Republic of Belarus
  • on RCDS activities
  • quarterly reports on activities of the issuers of the Republic of Belarus disclosed by the Securities Department in the Ministry of Finance of the Republic of Belarus
  • on securities issues and issuers of the Republic of Belarus

Information received from RCDS within the framework of the signed agreement is to be placed on NSD's web site (section Issuers and Securities of the Republic of Belarus in Russian). Starting 15 December, 2010, Russian securities market participants get an access to information about Belarus's issuers and their securities.

The signed agreement is aimed at development of information interchange between Russia's and Belarus's securities markets, at formation of conditions for development of integrated, liquid, transparent and efficient stock market of two countries, at creation of the investor friendly information environment. The conclusion of the agreement goes in line with cooperation within the framework of the Association of Eurasian Central Securities Depositories (AECSD) and represents the next step towards formation of the integrated information space in our countries' stock markets.

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, 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.

For further information about NSD: www.nsd.ru , or NSD Public Affairs Division: +7 495 232 0910,

About RCDS

The Republican Unitary Enterprise Republican Central Depository of Securities (RCDS) was formed in accordance with the Resolution #30/2 by the Cabinet of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus "About Formation of the Republican Central Depository of Securities" dated 18 January, 1995.

With effect from 1 January, 2008, RCDS provides centralized safekeeping of all types of securities with which depository operations may be held (equity governmental and corporate securities, uncertified securities).

With effect from January 1, 2008, RCDS carries out securities settlements at the close of trading.

RCDS’s correspondent depository network includes 35 resident depositories and five non-resident depositories (as of 1 December, 2010). The aggregate value of securities on deposit with RCSD amounts to US$21.5 billion.

Starting 1 December, 2008, RCDS is Belarus’s national numbering agency authorized to assign ISIN and CFI codes to Belarusian issuers’ securities.

For further information about RCDS: www.centraldepo.by

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