MOSCOW – National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announced today that Russia's Top 30 Depositories Ranking for 2010 has confirmed NSD’s position as the leading Russian depository.
NSD's share in aggregate value of securities on deposit among Russian settlement depositories indicated in the ranking as of 31 December, 2010, where market value is calculated using the formula developed by Russia's Federal Financial Markets Service (FFMS), was 69% (RUB8.036 trillion).
About Russia's Top 30 Depositories Ranking
Russia's Top 30 Depositories Ranking (http://www.safedepo.ru/top30_dep.php) is issued by the Infrastructure Institute Foundation. It is prepared on the basis of data provided by the Professional Association of Registrars, Transfer Agents and Depositories (PARTAD) for 2010. This is a list of Russia's biggest depositories including settlement, custodial and specialized depositories ranked on the basis of market value of securities on deposit as of 31 December, 2010. The method of calculation of market value has been developed by Russia's Federal Financial Markets Service (FFMS) providing for all securities (shares, bonds and units of unit investment trusts) to be assessed on basis of their market value.
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, 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,