Nov. 19 (Bloomberg) -- Foreign investors will be able to use nominee accounts with Russia’s Central Depositary from March 30, said Dmitry Pankin, head of Russia’s financial market service.
“This is a very significant, concrete step” in the development of the local market, Pankin told a conference in Moscow today.
Trading of Russia’s government ruble bonds known as OFZs through the central depositary will start next month, Pankin said at a conference today.
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