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Industry news

Russian CSD set to approve bilateral offering


01 November 2011 Moscow
Reporter: Anna Reitman

Generic business image for news article
Image: Shutterstock
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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