INFINITUM Becomes Authorized Depository in Republic of Belarus

31.07.2018

INFINITUM Asset Services has been assigned the status of an authorized depository pursuant to the decision of the Republican Central Securities Depository (Order No. 18 dated 25 April 2018). The status allows it to keep records of rights to government securities of the Republic of Belarus circulated in the domestic financial market.

“INFINITUM has been the holder of a correspondent account opened with the central depository of the Republic of Belarus, enabling its Russian depositors to conduct transactions with securities issued by corporate issuers of the Republic of Belarus”, said Vadim Burganov, Operations Director of INFINITUM Asset Services. “The authorized depository status enables us to keep records of rights to government securities of Belarus and is a logical effect of our close cooperation with the Republican Central Securities Depository”.

INFINITUM was the first Russian depository to open a correspondent account in the Central Depository of the Republic of Belarus in 2008. In 2014, for the first time in the history of the Russian pooled investment market, INFINITUM completed the procedure to purchase corporate bonds of a Belarussian issuer and include them in a mutual fund.


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