Central Bank of Lesotho goes LIVE with Montran CSD

August 30, 2010 – Central Bank of Lesotho went LIVE with the Montran Central Securities Deposit (CSD) System. The entire portfolio of active Treasury Bills was migrated to the new application and just two days after Live, the Montran CSD had successfully redeemed four securities that were originally initiated in the legacy Book Entry system. The Lesotho Government was very anxious to have the new system implemented because they are already planning, for the month of September, to attract at least 75 million LSL in Coupon type Government Bond instruments for infrastructure development.