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The Ministry of Finance signs a contract with CEVALDOM for the issue of dematerialized instruments

 

In the past month of December, the head leader of the Ministry of Finance, Vicente Bengoa, signed a contract with CEVALDOM -a subsidiary of the Dominican Republic Stock Exchange, specialized in the custody and management of securities- which authorizes the dematerialization of the instruments issued by this entity as of the date. 

This is an important step in the Dominican stock market development because through this new procedure, the costs of mobilizing the instruments will be minimized and the contemporary needs of organization and compilation of the information in real time will be fulfilled.