CHICAGO - A subsidiary of the Chicago Stock Exchange is offering a depository Service - the first of its kind - for registered municipal and corporate bonds with a par value of less than $1,000.

Under the Baby Bond Safekeeping Program, administered by the Midwest Securities Trust Company, holders of so-called baby or mini-bonds of less than $1,000 in par value are able to obtain services such as safekeeping of certificates, book-entry settlement, and automated payment of interest and redemption proceeds.

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