Encyclopedia

Guarantee


Collateral — in the case of conversion of securities pledged as collateral, the collateral consists of the securities into which the aforementioned securities were converted1.

Collateral — cash or securities received from the redemption of such securities2.

  1. Federal Law No. 39-FZ of April 22, 1996 "On the Securities Market", as amended on July 2, 2021, Article 51.7, paragraph 2 // Official Gazette of the Russian Federation. 1996. No. 17. Art. 1918. ↩

  2. Federal Law No. 39-FZ of April 22, 1996 "On the Securities Market", as amended on July 2, 2021, Article 51.7, paragraph 3 // Official Gazette of the Russian Federation. 1996. No. 17. Art. 1918. ↩