Collateral Execution Trades control Clearing Settlement code date procedure buy-sell At the order T0 T+0 Multilateral, After trading submission fully collateralized buy-sell At the B0-B30 T+0 Without initial After or in the – submission of T+30 collateral course of trading execution (depending on the report type of execution report) buy-sell At the K0 T+0 Multilateral, After trading conclusion of fully trade collateralized buy-sell At the order Z0 T+0 Simple, fully In the course of submission collateralized trading Repo Part 1—at Rb Part 1 - Part1-- Part 1—after the order T+0; multilateral, trading; submission; fully Part 2 Part 2-- after or in – Part 2-- at the collateralized; T+k, the course of submission of Part 2-- without where k is trading (depending execution initial collateral the term of on the type of report repo trade execution report) Repo Part 1—at Z0 Part 1 - Part 1 Simple, Part 1—in the – the order T+0; fully course of trading; submission; collateralized; Part 2– Part 2-- after or in Part 2-- at the Part 2-- without T+k, k the course of – submission of initial collateral term of trading (depending execution repo trade on the type of report execution report) Repo Each part—at S0-S2 Part 1 - Each Each part-- after or the T+0 initial in the course of – submission of T+2; collateral trading (depending execution on the type of Part 2 – report execution report) T+0+k – T+2+k, K term of – repo trade In 2013 a number of strategic business-projects of the Group was implemented, with the involvement of NCC
code Trades Execution date Collateral control procedure Clearing Settlement T0 buy-sell T+0 At the order submission Multilateral, fully collateralized After trading B0-B30 buy-sell T+0 – T+30 At the submission of execution report Without initial collateral After or in the course of trading (depending on the type of execution report) K0 buy-sell T+0 At the conclusion of trade Multilateral, fully collateralized After trading Z0 buy-sell T+0 At the order submission Simple, fully collateralized In the course of trading Rb Repo Part 1 - T+0; Part 2 – T+k, where k is the term of repo trade Part 1—at the order submission; Part 2-- at the submission of execution report Part1-- multilateral, fully collateralized; Part 2-- without initial collateral Part 1—after trading; Part 2-- after or in the course of trading (depending on the type of execution report) Z0 Repo Part 1 - T+0; Part 2– T+k, k – term of repo trade Part 1—at the order submission; Part 2-- at the submission of execution report Part 1 – Simple, fully collateralized; Part 2-- without initial collateral Part 1—in the course of trading; Part 2-- after or in the course of trading (depending on the type of execution report) S0-S2 Repo Part 1 - T+0 – T+2; Part 2 – T+0+k – T+2+k, K – term of repo trade Each part—at the submission of execution report Each initial collateral Each part-- after or in the course of trading (depending on the type of execution report) In 2013 a number of strategic business-projects of the Group was implemented, with the involvement of NCC
Primary%20results%20of%20the%20Bank%20National%20Clearing%20Centre%20operations%20in%202013.docx