
Transactions with long-term government securities (GS) on a regulated market or within the multilateral trading system will be carried out without commission.
This decision was made by the administrative council of the National Commission for Financial Markets. This measure is an element of supporting the efforts of the NCFM to develop the domestic capital market and achieve investment attractiveness of government securities - one of the few available financial instruments. The press release of the NCFM notes that the department expects the openness of the Ministry of Finance in agreeing on the actions to be taken. It is noted that the orders of the Ministry of Finance and the NCFM approved the Regulations on the procedure and conditions for admission to trading on a regulated market or within the Multilateral Trading System of long-term government securities. This document links the actions taken by the NCFM and the Ministry of Finance to build a functional capital market. The NCFM emphasizes that government securities are one of the pioneers among instruments in the capital market that have a very low level of risk, since their guarantor is the state itself, and the redemption is final. // 05.04.2023 — InfoMarket.