GLOSSARY

ANNA Association of National Numbering Agencies

ASB Association of Serbian Banks
BELEX Belgrade Stock Exchange
BEONIA Belgrade OverNight Index Average
CSD Central Securities Depository and Clearing House
DvD Delivery versus Delivery
DvP Delivery versus Payment
EBRD European Bank for Reconstruction and Development
EUR Euro
FoP Free of Payment
FV Fair Values
GBI Government Bond Index
GDP Gross Domestic Product
GFC Global Financial Crisis
ICSD International Central Securities Depository
IFRS International Financial Reporting Standards
IOSCO International Organization of Securities Commissions
IRS Interest Rate Swap
MiFID Markets in Financial Instruments Directive
MoF Ministry of Finance
MoE Ministry of Economy
MoLEVSA Ministry of Labor, Employment, Veteran and Social Affairs
MTP Multilateral Trading Platform
NAV Net Asset Values
NBS National Bank of Serbia
OMO Open Market Operation
OTC Over the Counter
RSD Serbian dinar

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RTGS Real Time Gross Settlement System
SOE State Owned Enterprise
SSC Serbia Securities Commission
UNCITRAL United Nations Commission on International Trade Law
USD USA dollar
VPF Voluntary Pension Fund