Creation Link Guide - Greece - BOGS

27.03.2017

Key features

Yes/NoRemarks
Settlement in T2SYes
Settlement free of paymentYes  
Settlement against paymentYesEligible settlement currency: Euro (EUR).
Bridge settlementYes
Shaping facilityNo 
Partial settlementYesCounterparties that access T2S as ICP via BOGS, the default setting is no Partial settlement (NPAR) but it is still possible for counterparties to instruct Partial settlement (PART) in T2S.
Settlement penalty feesNo 
Pre-matchingYesHold and release service
Back-to-back processingNo 
AllegementsYes 
Bilateral cancellationYesOn matched instructions
Transaction managementYes 
Registered securitiesNo
Multi Market SecuritiesNo 
CBL lending and borrowing and collateral management servicesYes 
Proxy votingNo 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Market restrictionsYesFree of payment deliveries to foreign BOGS participants
FTTNo 
FATCA GIINYesCitibank Europe plc, Greece Branch: NXUTG8.00382.BR.300
Type of linkCSD
Direct link, account operated by Citibank Europe plc, Greece BranchT2S / Bank of Greece settlement system (BOGS)