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"The National Depository Center" (Closed Joint Stock Company) was formed on 21 January, 1997. NDC was established as a central settlement depository for the servicing of state securities, and it began fulfilling that mission in late March 1998. The same year NDC started operations with corporate, sub-federal and municipal securities. Having achieved a leading position in the market of debt instruments of Russian issuers, the NDC increases the volume of transactions with shares, UIT units and Eurobonds. Now NDC functions as a central settlement depository and a center of technical support of dealer’s sub-depository in Russia’s federal securities, the circulation of which is supervised by the Bank of Russia. Postal Address: 13, bld. 1, Mashkova St., Moscow 105062, Russia.