OneClearstream Baltics, Malta and Eurobonds Phase 1 Migration - Update 1
Please be informed that Clearstream Banking has started its OneClearstream market rollout activities for Baltics, Malta and Eurobonds Phase 1, as communicated in previous announcements.
Please note that it is planned to release queued and recycled domestic settlement instructions, during the course of the migration to the new depository CBF on Friday around 15:30.
We will keep customers informed about the migration progress as per the following schedule (all timings are indicative and customers will be informed if there are any significant delays):
No | Timing | Activity to be confirmed |
1 | Thu 09:00 | Clearstream has started the market rollout activities. |
2 | Thu 16:00 | ISINs in scope of the market rollout are now available on the OneClearstream page (Note: Still subject to further changes). |
3 | Thu 18:45 | Point of No Return. |
4 | Fri 11:30 | The final confirmed list of ISINs being migrated is now available on the OneClearstream page. |
5 | Fri 11:30 | Early cut-off time for domestic settlement in the domestic markets has been put in place and the cancellation of pending unmatched external settlement instructions in the domestic markets has started. |
6 | Fri 12:30 | The cancellation of pending unmatched external settlement instructions in the domestic market has been completed and the CBL position transfer has started. |
7 | Fri 15:30 | Release of queued and recycled domestic settlement instructions to CBF. |
8 | Fri 18:30 | The CBL position transfer has been completed and queued customer instructions are now released to the domestic market (CBF). If all positions cannot be successfully migrated in the T2S RTS processing on Friday, we will aim to migrate these in the NTP processing value Monday. Potential exceptions will be reported with Migration Update 9. |
9 | Fri 22:00a | The position transfer is now completed. The migration activities have been completed successfully. |
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a. If the position transfer is not completed, the NTP value Monday will also be used. If there are activities left to be completed on Monday, customers will be advised here.
For more information, please refer to the OneClearstream page.