Please be informed that Treasury BondSpot Poland Market Rules have been changed by the Management Board of BondSpot S.A. The new version of the Rules has been accepted by the Ministry of Finance.
The main changes involve the introduction of concluding conditional tri-party repo transactions. The launch of the tri-party repo on Treasury BondSpot Poland market will be directly associated with the services provided by KDPW S.A. (National Depository for Securities), especially regarding the daily monitoring and collateral managing of repo transactions. The main purpose of introducing the tri-party repo on Treasury BondSpot Poland is to stimulate the long-term repo transactions.
Please find enclosed the mark-up version of Treasury BondSpot Poland Market Rules.

The above mentioned changes will come into force as of 1 October 2014, if none of the Treasury BondSpot Poland participants objects to the shortening of the changes notification period until 26 September 2014.
In the opposite case, the above mentioned changes become effective as of 3 November 2014.

For your reference, please find the consolidated text of the Treasury BondSpot Poland Market Rules on our website, all changes have been highlighted.