OneClearstream migration to the Baltics (Nasdaq CSD - Estonia, Latvia, Lithuania) and Malta (MSE) - update
Note: The PDF attached to this announcement originally published on 21 August 2019, updated on 24 October 2019 has been further updated to inform customers about a change in the early settlement cut-off time for Nasdaq CSD and MSE migrating securities.
As communicated in Clearstream Banking's1 Announcement A19069, Clearstream Banking S.A. (CBL) has appointed Clearstream Banking AG (CBF) as its single gateway to the T2S Settlement platform. This leads to the migration of Nasdaq CSD (Estonia, Latvia, Lithuania) T2S-eligible securities to CBF on and effective
2 December 2019
This forms part of our ongoing efforts to harmonise and enhance our services allowing customers to benefit across multiple areas of our business.
Clearstream Banking will access Nasdaq CSD for settlement in T2S via CBF as follows:
| Country | CSD | Type of link | Eligible securities |
| Baltics (Estonia, Latvia, Lithuania) | Nasdaq CSD | Direct link to Clearstream Banking AG, Frankfurt for holding Nasdaq CSD eligible securities | Commercial papers (money market); Government bonds; Municipal bonds; Corporate bonds; Equities; Nasdaq-eligible investment funds |
For Maltese securities, CBL already uses CBF as gateway to T2S, but needs to process a depository change from the existing depository (Germany, 4G) to the new OneClearstream Malta depository (4M) on migration date Friday 30 November 2019 with effective date 2 December 2019. This is required to activate the OneClearstream services for the Maltese market.
| Country | CSD | Type of link | Eligible securities |
| Malta | Malta Stock Exchange (MSE) | Direct link to Clearstream Banking AG, Frankfurt for holding MSE T2S eligible securities | Government bonds; Treasury bills; Domestic corporate bonds; Ordinary shares; Convertible bonds. |
Further information
The Market Link Guide and Realignment Guide for the Baltics and Malta, with validity from 2 December 2019 are available on the Clearstream website.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.