National Settlement Depository changing deadline to transfer payments on bonds as of Jan 12

MOSCOW. Dec 11 (Interfax) - The National Settlement Depository (NSD), part of Moscow Exchange Group, has notified clients of the change in the deadline to transfer payments on bonds as of early 2026, the NSD posted on its website.

"The NSD is taking all the necessary steps to transfer payments on corporate bonds with maturity up to 31 days and on government debt obligations on the scheduled payment date in line with the issue documentation if funds from an issuer are received before 5 p.m. of the scheduled payment date regarding the current regulatory restrictions and special economic measures that substantially complicate analyzing the grounds and procedures to transfer payments in order to comply with the current regulatory requirements when transferring them to depositors or holders amid the steady increase in the number of securities issues and import substitution," the NSD said.

Ruble payments on other Russian bonds received from issuers on the scheduled payment date will be transferred to depositors on the next business day after their receipt by the NSD starting on January 12, 2026. The changes affect payments on coupon income, principal repayments, early mandatory principal repayments, and partial early principal repayments.

Payments on bonds received from issuers in full on the eve of the scheduled payment date in line with the issue documentation will be transferred to NSD depositors on the scheduled date in accordance with the issue documentation.