Tenders Are Invited For Securities custody services

IHSS Securities Custody Service according to the Investment Regulations with a validity of one year of April 2022 1 Confirm that its represented is an entity authorized by the CNBS2 the securities that are expected to be recorded in custody will be: CD Private Sector Bonds Actions Public Scriptures, among others3 The IHSS investment portfolio that is composed of CDs and private sector bonds, add up to 10 billion lempiras, with an interannual growth of approximately 6000 million lempiras; Subject this projection to market conditions4 The validity of the contract must be interannual with the possibility of renewal5 The entity must identify the custody account number for the pension fund6 the entity must attend instructions related to transactions, withdrawal of values or other operations only of People authorized by the Institute7 The entity must send a report monthly to the detail of the values in its custody, as well as, the confirmations of any movement in the IHSS8 custody account of the custody logistics are expected to be controlled through the personnel authorized by the bank that deliver and receive the securities, which must be guarded from the IHSS facilities (the service must include transport) 9 the values, certificates of custody or failing that the record issued by Centralized tank of custody, compensation and the custodian, they must ta available at any time competent state or personnel of the duly authorized IHSS (Article 47 Circular 29/2020) Article 47- Custody, Control and Monitoring of Securities The representative investment values of the fund's resources, must be in custody of an institution of an institution Authorized by the Commission and registered in the Public Registry of the Securities Market, expressly for the deposit and custody of securities or registration of entry annotation, or failing the institution designated in the issuance of issuance registered in the Public Registry of the Market of the Market of securities and in case of immediately apply the mechanisms of investigation and replacement of the title and implement the corrective control actions that guarantee the proper custody of the securities, the certificates of custody or failing that the registration issued by deposit Centralized custody, compensation and liquidation or custodian, they must be available At any time for its inspection by the Commission or the Comptroller Bodies of the competent State, the lack of them will lead to the presumption that it was not carried out, the necessary actions should be taken, without prejudice to the administrative sanctions To have a place, against the official responsible institutes, they must carry out monthly reconciliations of the information contained in the reports issued by the centralized deposit of custody, compensation and liquidation for values issued in Honduras or the custodian for foreign values, against those recorded in the records From the investments of the institutes these conciliations must be protected and available to the Commission Article 48- Provisions on the services of the centralized deposit of custody, compensation and liquidation or custodian The Institute must manage by the respective contract, that the services of the deposit or of custodian that are used p or the institutes must meet the following aspects: to identify the custody account number for the pension fund; b Send the confirmations of any movement in the entity's account; c Send a monthly report with the detail of the values under your custody; and, to attend instructions related to transactions, retire

Refer document

FileName	File Description
Global Tender Document	Tender Notice