Entitlement Compensation Rules – Equities and corporate bonds

01.07.2024

Bonds

Market compensation basis:

Settlement Date

Automatic Compensation Managed by Local CSD:

No

Restriction on custody events/transaction types:

 

No restriction

Additional information:
It is settled position basis for both equities and bonds but the basis date is different. For equities it is settled position as of record date, whereas for bonds it is settled position as of payment date-1.

Service offered by CBL:

 

Adjustment is performed based on information received from the depository.

Equities

Market compensation basis:

Settlement Date

Automatic Compensation Managed by Local CSD:

No

Restriction on custody events/transaction types:

 

No restriction

Additional information:
It is settled position basis for both equities and bonds but the basis date is different. For equities it is settled position as of record date, whereas for bonds it is settled position as of payment date-1.

Service offered by CBL:

 

Adjustment is performed based on information received from the depository.