NDC started servicing corporate Eurobonds. Safekeeping services are provided using NDC’s account with Clearstream Banking S.A. Clients can deposit and withdraw corporate Eurobonds to and from their accounts at NDC through ICSDs Cleartream Banking and Euroclear Bank (utilizing Clearstream Banking – Euroclear Bank bridge) using NDC direct account at Clearstream Banking. Income payment on corporate Eurobonds will be done by debiting funds to NDC account in Clearstream Banking followed by transfer to clients’ foreign currency accounts through MICEX Settlement House.
The order of work with corporate Eurobonds is similar to the order established previously for work with Eurobonds of the Russian Federation.
In the near future NDC is going to have about 20 Eurobond issues accepted for services. New issues are accepted on request from clients made in accordance with Terms and conditions of depository activities after the whole set of necessary documents is received. At the moment the following corporate Eurobonds are accepted for service at NDC:
Issuer | ISIN | Issue name |
---|---|---|
VTB Capital S.A. |
XS0182007830 | USD 6,875 VTB CAP. S.A. 03-2008 |
VTB Capital S.A. |
XS0202919667 | USD 7,50 VTB CAP.SA 04-2011 |
VTB Capital S.A. |
XS0239043655 |
USD FL.R VTB CAP. S.A. 210907 |
Kuznetski Capital S.A. |
XS0223715920 | USD 7,375 KUZNETSKI CAPITAL S.A(REGS) 05-2010 |
Russian Auto Loans Finance B.V. |
XS0226174430 | USD FL.R RUSSIAN AUTO LOANS FIN(A1 REGS)05-10 |