Creation Link Guide - UK debt securities

07.01.2015

Key features

Yes/NoRemarks
Settlement free of paymentYes
Settlement against paymentYesEligible settlement currency: British Pound (GBP) and Euro (EUR).
Bridge settlementYes
Shaping facilityNo
Partial settlementNoSee Settlement services.
Settlement penalty feesYesSee Settlement services.
Pre-matchingYesDelivery instructions only.
Back-to-back processingNo
AllegementsNo
Automatic compensationYes
Registered securitiesYes
Multi Market SecuritiesNo
Lending and borrowingYesOnly UK gilts (except partly paid gilts).
Proxy votingNo
Investment FundsNo
Liquidity Hub ConnectNo
Sale and purchase of rightsYes
Repo servicesYes
Market restrictionsNo
FTTNo
FATCA GIINYesIWVIDJ.99999.SL.826
MiscellaneousYes

Gilts physical deposits possible;

Decimals possible.

Type of linkCSD or settlement method
Direct link to Euroclear UK & Ireland Ltd London (EUI).CREST electronic book-entry settlement system (operated by EUI).