T2S: Incident, further extension of settlement deadlines - Update III
Clearstream Banking informs clients that due to the T2S incident, the start of the T2S EUR delivery versus payment cut-off (event IDVP) has been further postponed to 19:00 CET (from 16:00 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 the closure of the delivery-versus-payment cut-off. The second optional cash sweep (event OCS2) to T2 will be delayed to 19:45 CET.
The DKK specific cut-offs remained unchanged.
The free of payment cut-off (event IFOP) will take place at 20:00 CET, the Business Date change will occur at 20:45 and the Night-Time Settlement will start at 22:00 CET.
