National Settlement Depository Archives - The Industry Spread

Russians Announce RUB 750m Bond Placement with Blockchain

November 24, 2018

Russia’s central securities depository, Russia’s largest bank, and Russia’s leading telecommunications operator have successfully implemented blockchain for a commercial bond placement organized by Sberbank’s corporate investment business (CIB). The nominal value of MTS’ commercial bond issue – RUB 750 million – has been redeemed.