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New Rules for Issuing Domestic Secured Bonds In Russia

February 2010 - Finance. Legal Developments by Baker & McKenzie.

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Starting January 2010, amendments to Federal Law No. 39-FZ “On the Securities Market” dated 22 April 1996 entered into force, affecting the issue of domestic bonds by Russian issuers. The new rules will apply to all domestic bond issues to be placed in the market after 31 December 2009.

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