Ireland: Incorrect reference data set up in T2S on ISIN IE000LQ7YWY4 EUR 2,60 IRELAND, REPUBLIC OF (REGS) 24-2034 - update
Note: This announcement, originally published on 22 November 2024, has been updated to inform clients that the issue with the incorrect reference data set up in T2S for ISIN IE000LQ7YWY4 has been successfully resolved.
Clearstream Banking confirms that the minimum settlement unit is now accurately set to 0.01, ensuring that transactions with decimal values will be processed in T2S without rejections.
Clearstream Banking1 informs clients that due to the system limitation of the Issuer CSD on the ISIN IE000LQ7YWY4 EUR 2,60 IRELAND, REPUBLIC OF (REGS) 24-2034, the set-up in T2S has the minimum settlement unit set to 1 instead of 0.01.
As a consequence, instructions with nominal values that include decimals will be rejected in T2S.
Clearstream Banking recommends instructing without decimal values for transactions concerning this instrument until the issue is resolved to avoid rejections.
Clearstream Banking has requested the Issuer CSD to perform the necessary correction.
Clearstream Banking is closely monitoring the situation and will advise when the situation changes.
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.