Instruction specifications - Common Depository/Common Service Provider - CreationOnline - International (CBL)

23.11.2009

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Markdown of certificates in global form

Deliver Free
OTrade Date
ODeal Price
MSettlement Processing Narrative/MKDW/ (1st line)a
‘Redemption’ or ‘Transfer’ as applicable (2nd line)
MPlace of SettlementCountry Code
Party2-character country code
MReceiving AgentBIC
Partycounterparty’s BIC
orReceiving AgentName and Address (if BIC does not exist)
Partycounterparty’s name
orBuyerName and Address
Partybeneficiary’s name

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a. If not present, the instruction will be considered as being a physical delivery pending receipt of definitive certificates (see below).

Physical delivery instruction for securities represented by a temporary

Delivery will be executed only upon exchange of the temporary global note and receipt of definitive certificates by Clearstream Banking’s specialised depository. The transaction will have “Pending Failing, Transaction not allowed for global certificate” status until the securities can be physically delivered.

Deliver Free
OTrade Date
ODeal Price
MSettlement Processing Narrative‘Redemption’ or ‘Transfer’ as applicable
ODenominationsa
MPlace of SettlementCountry Code
Party2-character country code
MReceiving AgentName and Address
Partycounterparty’s name
OBuyerName and Address
Partybeneficiary’s name
OAccountbeneficiary’s account

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a. All eligible denomination requests will be passed on to the specialised depository, which will execute them on a “best efforts” basis, defined as:

  • The specialised depository will deliver the denomination choices requested;
  • The specialised depository will deliver whatever lower denominations can satisfy the request.

Delivery of the requested denomination cannot be guaranteed if the instruction is not formatted as above.