Regulatory Alerts2005-09-05
Decree on Conditions for Conversion of Claims and Registration, Redemption, and Withdrawal of Economic Development Loan Bonds
The Republic of Serbia issued this decree to regulate the conversion of established foreign currency claims into state bonds and their subsequent management. It mandates that designated banks execute the conversion, registration with the Central Securities Depository, and redemption of bonds according to specified maturity schedules and documentation requirements. The National Bank of Serbia oversees the financial aspects, including funding redemption through special accounts and maintaining records of all bond operations.
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