Settlement process - International (CBL/International)
Settlement cycles
Bonds, MTNs: | Dependent on Terms and Conditions |
Money market instruments: | Dependent on Terms and Conditions |
Equities and equity-linked instruments: | Dependent on Terms and Conditions |
Investment funds: | Dependent on Terms and Conditions of the prospectus |
Settlement flow
Please refer to the service specifications of the respective ICSD or CSD.
Registration
Registered securities are rare on international markets. There is no standard procedure for recording the owner’s name in the book of the issuer or of the issuer’s registrar.