Finland: Improved settlement deadlines


Effective settlement date

15 June 2015

in line with our ongoing commitment to the enhancement of our settlement services, the customer deadlines for receipt at Clearstream Banking1 of valid free of payment external instructions related to the Finnish securities in Infinity will be improved as follows:

Enhanced securities deadlines


Current deadline

New deadline from 15 June 2015

Government bonds and money market instruments – Infinity

Receipt and delivery free of payment



The deadline for instructions with counterparties in Creation will remain unchanged; that is 17:45 on SD for free of payment  and 16:00 on SD for against payment.

Note: All times are Central European Time (CET).

The deadlines shown above are valid provided that your instructions are complete, accurate and eligible for straight-through processing (STP) in Clearstream Banking and in the local market.

You are also reminded that you must ensure that any necessary provision is available and that the counterparty’s instruction is in place.

If either of these criteria are not met, we cannot guarantee timely settlement.

Further information

The CASCADE Link Guide - Finland and related information, available on the Clearstream Banking website under Products and Services will be updated on the effective date.

For further information, please contact Clearstream Banking Client Services or your Relationship Officer.

1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.