Croatia: Securities eligible in CBF CASCADE and T2S – Update
Note: This Announcement, originally published on 17 July 2024, has been updated to include additional information. Changes have been highlighted.
Clearstream Banking AG1 informs clients that effective
immediately
All CDCC eligible securities are eligible for settlement in CBF and T2S in non-collective safe custody (NCSC-T).
CBF will access the Croatian market via the Clearstream Banking S.A. (CBL) direct operated link to CDCC via Erste Group Bank Vienna and Erste & Steiermärkische d.d. Zagreb.
Direct settlement with domestic counterparties in Central Depository & Clearing Company Inc. (CDCC) will not be possible for CBF clients, as described in the Market Link Guide - Croatia.
For guidance on transferring securities from CBL to CBF and vice versa, clients are invited to consult the Realignment Guide - Croatia.
Important remarks
These ISINs made eligible in CBF will not automatically trigger the migration of client holdings from their CBF 6-series accounts/CBL accounts to CBF accounts. It is at the clients’ discretion to migrate their portfolio of securities if needed.
GSF collateral management services: These securities will not be made available for GSF collateral management services on CBF CASCADE accounts and should therefore remain available on CBF 6-series accounts/CBL accounts.
Further information
For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.
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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.