RU
National Settlement Depository (NSD) is the central securities depository (CSD) of the Russian Federation. NSD offers a wide range of services to its clients, including depository services, payment services, registration of OTC transactions, information services, collateral management services, and IT services.
The Bank of Russia recognized NSD as a systemically important financial market infrastructure: a systemically important central securities depository, settlement depository, trade repository and registrar of financial transactions. The NSD Payment System is a systemically and nationally important payment system. Currently, NSD has securities accounts with CSDs and ICSDs in eight countries, accounts with foreign custodian banks, as well as correspondent accounts with major foreign and Russian banks. NSD services securities issued by companies representing more than 40 countries.
In 2020, the value of assets held in custody at NSD increased by RUB 10.93 trillion (20.8%) to RUB 63.6 trillion. The most increase was realized thanks to the Ministry of Finance’s bonds (+RUB 4.7 trillion), which as of the end of 2020 accounted for 22% of the total value of assets in custody at NSD.
The total number of securities issues in custody at NSD increased by 13.6% to 26.6 thousand, inclusive of the number of non-Russian securities issues and Russian Ministry of Finance’s Eurobonds which surged 17.4% to 18.2 thousand (non-Russian corporate issuers' and international financial institutions' bond issues in custody at NSD increased by 17.3%). The number of Russian securities issues rose by 6.2% to 8.4 thousand.