Transition from the BTr Sub-Registry to the National Registry of Scripless Securities (NRoSS) of the Onshore Foreign Currency Denominated Treasury Bonds
BTr Memorandum • Other Rules and Procedures • Bureau of the Treasury • Mar 4, 2019
Full text
March 4, 2019 BTr MEMORANDUM TO : All Trading Participants SUBJECT : Transition from the BTr Sub-Registry to the National Registry of Scripless Securities (NRoSS) of the Onshore Foreign Currency Denominated Treasury Bonds The Bureau of the Treasury will be transitioning the Onshore Foreign Currency Denominated Treasury Bonds from the Sub-Registry to the NRoSS System environment effective 11 March 2019 . Please be guided accordingly by the attached Treasury Circular No. 1-2019. EHaASD Salient points in the Treasury Circular include the following: 1. PDS Investor Code (PIC) shall no longer be required, instead Trade Participants shall use Standard Settlement Account as indicated under 6.2.1 and Annex A of Treasury Circular No. 4-2018. 2. All transfers between and among the holders of the Bonds shall be recorded in the National Registry of Scripless Securities (NRoSS). Thank you very much for your continued support and cooperation. (SGD.) ROSALIA V. DE LEON Treasurer of the Philippines ATTACHMENT BTr Treasury Circular No. 001-19 March 4, 2019
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