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  N e w s

MARCH 7  

Banks are seriously interested in the new kind of securities from Gokhran    secured by the precious metals and double warehouse certificates (DWC). Banks have been waiting for these securities provided with gold for almost 2 years. However, the first transaction slightly disapointed the bankers, because they did not expect that the first DWC's would be provided with platinum, which is not quite liquid now in Russia. Nevertheless, having thought through, they have come to conclusion that next time gold-diggers will bring more attractive for them gold and silver to Gokhran. So the bankers dicided to "peg" the new niche. All the more, Gokhran is not against that. "We are interested in heating up the market of precious metals as much as possible", - declared in Gokhran.

KOMMERSANT (newspaper), ELENA KISELEVA

Source: Garant-Park


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