Glossary

Issuance

Issuance is a procedure of issuing securities. A standard procedure for securities issuance includes the following steps: 1. Taking a decision on issuing securities. 2. Approving a securities issue resolution. 3. State registration of a securities issue. 4. Placing securities (that is, transferring securities to primary holders). 5. State registration of a securities issue results report or providing a notification on securities issue results to the registration authority.
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