Creation Link Guide - Japan - Debt securities

14.01.2015

Key features

Yes/NoRemarks
Settlement free of paymentYes 
Settlement against paymentYesEligible settlement currency: Japanese Yen (JPY).
Bridge settlementNo 
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesYesRefer to the Market Profile.
Pre-matchingYes 
Back-to-back processingYesBook entry corporate, municipal and government bonds only.
AllegementsYes 
Automatic compensationNo 
Registered securitiesNo 
Multi Market SecuritiesYesRefer to the Multi Market Securities Guide.
Lending and borrowingYesDebt Securities only (CBL Internal Settlement).
Proxy votingNo 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Repo servicesYesCBL internal settlement.
Market restrictionsYesRefer to Investment Regulation.
FTTNo 
FATCA GIINYes4RI52Y.00000.BR.392
Type of linkCSD or settlement method
Indirect via HSBC, Tokyo.-Japan Securities Depository Centre Inc. (JASDEC), Tokyo.
-Depository Trust Company (DTC), New York:
JPY-denominated global bonds only.
-Bank of Japan JGB Book-Entry System.