NSD Sees Substantial YoY Growth in Value of Securities under Custody

[kreslik.news]

The National Settlement Depository (NSD), a central securities depository, announced its financial results for the first quarter of 2018 today. The firm saw a year-on-year increase in securities under custody and the value of balances of Federal Loan Bonds (OFZs) in foreign nominee accounts.

In the first quarter of 2017, the NSD had RUB 35.2 trillion ($570 billion) under its custody. The first quarter of 2018 saw the Russian firm increasing this figure by 18 percent to RUB 41.7 trillion ($670 billion).

Accompanying this growth in securities under custody was a year-on-year increase in the number of securities issues serviced ... (read more)