The FSC approves Rules for Registration and Trading in Government Securities. By Kristina Spasova, Relationship Manager, GSS Bulgaria
Another important step in creating a regulated secondary market for trading in government securities, a project jointly initiated by the Stock Exchange, the Central Depository, the Ministry of Finance and the Bulgarian National Bank (BNB), has been completed. The Bulgarian Stock Exchange-Sofia (BSE-Sofia) was granted approval by the Financial Supervision Commission (FSC) for its new Rules for Registration and Trading in Government Securities.
It is expected that a functioning link between BSE-Sofia and BNB shall be established by 30 September to enable the start of trade in government securities on the Stock Exchange.
Relationship Manager, GSS Bulgaria