Euroclear Integration Promises OFZ Boost

Euroclear Bank, operator of the world’s largest system for settling bonds, plans to connect with Russia’s domestic debt market by year-end, a move investors say could cause local and international yields to converge. Talks on enabling investors with a Euroclear account to buy and sell Russian domestic bonds without the need for a local trading account are “progressing nicely” and a service is planned by the end of the year, Euroclear […]