Legal entities > Securities
Securities
According to their needs, legal entities and individuals in Silk Road Bank may participate in the:
At the Bank, concerning the secondary securities market, the interested parties may:
- Primary securities market
- Secondary securities market
PRIMARY SECURITIES MARKET
The primary securities market is organized by the Ministry of Finance and concerns the participation in auction for issue of:- Government treasury bills and
- State bonds
SECONDARY SECURITIES MARKET
The secondary securities market concerns the purchase and/or sale of the already issued government treasury bills and state bonds.At the Bank, concerning the secondary securities market, the interested parties may:
- Sell government treasury bills and state bonds which they own
- Buy government treasury bills and state bonds that the Bank owns
PARTICIPATION IN THE AUCTION
For participating in the auction of the government treasury bills and state bonds, the interested parties need to fill out a Form-request for government treasury bills purchase or Form-request for state bonds purchase.REQUIRED DOCUMENTS
For participating in the auction of the government treasury bills and state bonds, the interested parties need to fill out aForm-request for government treasury bills purchase or
Form-request for state bonds purchase.
Aside from the timely submission of the Request to the Bank, it is necessary for the interested parties to make payment on the account of the Bank for:
- The discounted amount of the requested government treasury bills if participating in the auction of the government treasury bills
- The nominal amount of the requested state bonds if participating in the auction of the state bonds
For the unsuccessful auction participations (when the auction yield no positive results for the client), the Bank does not charge commission..