Issuer

(lat. emrttens - issuing) - the state (represented by the central or local government), an enterprise, institution, organization, bank, issuing, issuing banknotes, securities, payment and settlement documents. Each E. has the right to carry out only the emission of means of payment and securities permitted to him. E. bears obligations on its own behalf to the owners of money and securities to exercise the rights enshrined in them. The release of cash into circulation, in accordance with the current legislation, is allowed only by the Central Bank of the Russian Federation within the limits of the amounts determined by the highest state authorities. E. means of payment, functioning in non-cash circulation, are all banks. When issuing a loan, banks credit the loaned funds to the accounts of borrowers. Such processes are called deposit emission. Only banks (and not other credit organizations), in accordance with their licenses, have the right to issue loans and, on this basis, issue deposits. E. government bonds are government financial bodies that assume the fulfillment of the conditions for issuing bonds. To the execution of transactions for the sale of bonds, as well as. commercial banks may be involved in their redemption. E. shares (to form and increase the authorized capital) and bonds of various legal entities (to raise funds on loan) can be industrial and commercial structures, as well as. banks; E. are obliged to sum up the results of the placement of securities, submit a report on this at the place of registration and publish data on the results of the placement in the press.