June 22, 2010 – To help end the paper chase and advance dematerialization in Canada’s capital markets, CDS has published a new sample trust indenture. Trust indentures can be used in the issuance of debt securities and typically require that a paper certificate evidence ownership. The sample that CDS is making available for reference was developed in conjunction with the transfer agents' corporate trustees and incorporates dematerialization concepts such as electronic payments and book-entry-only issuance.

This sample document can be used as a basis for discussion between issuers, their legal counsel and trustees.

Read the new sample trust indenture.

Read End the paper chase brochure.