Euroclear, the largest clearing and payment system, has accepted the Slovak crown as a clearing currency. This will help mainly the investors who intend to participate in transactions denominated in Slovak currency with bonds recently issued by EBRD and International Financial Association (IFA) of the World Bank Group.
For further information please contact Paul Antrobus or Richard Fletcher, Arthur Andersen, Prague, tel +42 2 2440 1300, or enter text search 'Arthur Andersen' and 'Business Monitor'
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18 September 1996