Russian CSD set to approve bilateral offering 01 November 2011Moscow Reporter: Anna Reitman
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National Settlement Depository (NSD) has announced its intention to conduct bilateral securities lending transactions.
"The company's Supervisory Board approved a tariff for information services provided by NSD to its clients in order to conduct securities lending transactions collateralised by other securities on basis of a bilateral agreement," NSD wrote.
NSD is set to announce a date of the new service's launch in November 2011.
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