Creation Link Guide - Slovak Republic

06.02.2017

Key features

Yes/No

Remarks

Settlement in T2S

Yes

Settlement free of payment

Yes

 

Settlement against payment

Yes

Eligible settlement currency: Euro (EUR).

Partial settlement

No

 

Bridge settlement

Yes

 

Settlement penalty fees

No

 

Hold and Release

Yes

Hold and Release service

Allegements

Yes

 

Transaction Linking

Limited

Transaction linking is not possible, but the existing BtB service is available.

Bilateral Cancellation

Yes

Registered securities

No

Equities are mostly bearer. But there could be some registered equities when the issuers may decide to re-materialise the shares through a corporate action. Customers will be notified accordingly.

Transaction Management

No

 

Multi Market Securities

No

 

Lending and borrowing

Yes

 

Proxy voting

Yes

 

Investment Funds

No

 

Liquidity Hub Connect

No

 

Sale and purchase of rights

No

 

Repo services

Yes

Triparty Repo: bonds and equities.

Market restrictions

Yes

NBS bills cannot currently be acquired by non-residents.

FTT

No

 

FATCA GIIN

Yes

5DHUWX.00008.ME.703

Miscellaneous

Yes

  • Customers can directly settle in their CBL accounts primary market transactions in government bonds.
  • Special fees levied by BSSE on instructions.
Type of linkCSD or settlement method
Direct link to CDCP operated by CSOB Bratislava.CDCP (Centralny depozitar cennych papierov SR).