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Issuing depo account

Term meaning Issuing depo account

a depo account opened only for the issuer in the head depository and intended for the transfer of bonds to it before placement, upon redemption, and so on. to account for the rights to the bonds redeemed by the issuer. The issuer is referred to as the depositors of the issue account. E.s.d. includes the following sections: "in placement", "repurchased", "redeemed".

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