Planned changes to NCC's Clearing List
The weight of Sberbank prefs (SBERP) in the MICEX Index has become less than 1% following Moscow Exchange's quarterly review of its indices. The new constituent list was published on 1 September, and will take effect from 16 September.
According to the Bank of Russia's instruction 2919-U "On the evaluation of quality of a credit organisation performing central-counterparty functions", Sberbank prefs are to be removed from the NCC"s list of assets eligible as collateral. Sberbank prefs will be traded with full prefunding from 16 September.
For further information, please contact the Public Relations Department at (495) 363-3232.