Creation Link Guide - Sweden
|Settlement free of payment||Yes|
|Settlement against payment||Yes|
Eligible settlement currency: Swedish Krona (SEK).
Securities quoted and registered in EUR settle in EUR.
|Partial settlement||No||Partial settlement is not market practice in Sweden.|
|Settlement penalty fees||Yes|
Refer to Settlement process - Sweden.
Book-entry securities owned by Clearstream (as foreign investor).
In Euroclear Sweden, equities are registered in the name of Skandinaviska Enskilda Banken as nominee. Fixed income instruments are registered nominee account in the name of SEB for Clearstream.
|Multi Market Securities||Yes|
|Lending and borrowing||Yes|
All Swedish debt securities eligible in CBL qualify for CBL's securities lending and borrowing programme.
Equities and warrants are not eligible for CBL's securities lending and borrowing programme.
|Liquidity Hub Connect||No|
|Sale and purchase of rights||Yes|
Refer to Other services - Sweden.
S.E. Banken Custody Services: 6BRL9A.00000.LE.752
Euroclear Sweden: AB6XWELL.00000.LE752
|Type of link||CSD or settlement method|
|Indirect link via Skandinaviska Enskilda Banken (SEB), Stockholm||Euroclear Sweden, the Swedish CSD. Settlement system: VPC system - DVP system in accordance with BIS Model 1|