T2S: Extension of EUR DVP cut-off
Clearstream Banking informs clients that T2S is currently facing an incident as a spill-over from the incident that impacted night-time settlement.
Due to the incident, the start of the EUR delivery versus payment cut-off (event IDVP) has been postponed by 60 minutes (from 16:00 CET to 17:00 CET). Consequently, the Reimbursement of Auto-collateralisation instructions (event RMIC) and the Optional Cash Sweep (event OCSW) have also been delayed and will take place 15 minutes after closure of the delivery-versus-payment cut-off. The second optional cash sweep (event OCS2) to T2 remains at 17:45 CET.
The DKK specific cut-offs remain unchanged.
The free of payment cut-off (event IFOP) remains at 18:00 CET.
