Customers: Rostelecom Moscow; Telecommunications and Communications Contractors: Alfa-Bank Russia Product: Alfa-Bank: A-TokenProject date: 2023/07 - 2024/01
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2024: Inclusion of CFA in liquidity management using the A-Token platform
Rostelecom and Alfa-Bank continue to actively develop inter-corporate financing using digital financial assets (CFA). In February 2024, Rostelecom, together with Alfa-Bank, organized the third issue of digital financial assets for corporate and private investors and plans to use this tool on an ongoing basis. Rostelecom announced this in February 2024.
The CFA market is developing and becoming more and more popular, providing a convenient basis for the development of inter-corporate financing and treasury loans with periods from one day to 3-6 months. For example, one-day ZFA Rostelecom in the amount of 1 billion rubles, issued as part of the FINOPOLIS-2023 on the A-Token platform, were sold in just five hours. The third joint issue will allow investors to generate fixed interest income 21 days after the offering.
{{quote 'From testing financial instruments, Rostelecom moves on to full-fledged and regular work to attract funding and manage liquidity with these instruments. We plan to further scale the issues of CFA in order to achieve optimal financing conditions. We hope that the expansion of the arsenal of financial instruments in the long term will ensure the balance, stability and flexibility of the company's debt portfolio, expand the base of investors and creditors, and will also contribute to the development of the market for new financial instruments, - said Sergey Anokhin, First Vice President and Financial Director of Rostelecom. }}
As of February 2024, investors can participate in the issue of CFA directly from any account of the company or individual. Investor assets are always available in the mobile application or in the web version.
We are glad that during the year of operation, A-Token received the status of the best CFA platform. We are trusted by tens of thousands of investors, including institutional ones. When such a system-forming company as Rostelecom includes CFA in liquidity management, this helps to develop not only the digital financial asset market, but also drive investments in general. In the near future, we will launch a number of joint issues of interest to a large circle of investors, "said Vladimir Voeikov, director of large and medium-sized businesses at Alfa-Bank. |
The A-Token platform is convenient for use by any client and has direct integration with Alfa-Bank, which acts as a clearing agent. This allows you to instantly conduct operations, settle with investors and perform the function of a tax agent for individuals. By mid-February 2024, Alfa-Bank issued 81 CFAs worth 35.87 billion rubles, which is about 45% of the total volume in Russia, which is more than 80 billion rubles.