Government Securities Trading on BSE-Sofia Starts

UniCredit Bulbank AD
Summary: 
Bulgarian Stock Exchange- Sofia (BSE-Sofia) announced the start of government securities trading on Stock Exchange.
Fri, 27/10/2017

BSE-Sofia announced that the first trading session of government securities on the Stock Exchange will be on 1 November 2017. As previously announced, Bulgarian National Bank (BNB) has established a direct link with the Bulgarian Stock Exchange - Sofia (BSE-Sofia) to facilitate the settlement of government securities concluded on-exchange. Settlement of government securities will take place at BNB on a RVP/DVP basis with a T+2 settlement cycle.

Impact on investors: Possibility to trade government securities on a regulated market.