Market Link Guide - International
|Key services offered||Remarks|
|Settlement free of and against payment||Yes||Eligible settlement currency: all CBL eligible currencies.|
Against payment settlement is available for internal and Bridge instructions only.
|Bridge settlement||Yes||Certain currency restrictions may apply (see Eligible Currencies).|
|Lending and borrowing||Yes||Debt securities only|
|Form of securities||Settlement method|
|Book-entry||Settlement can be performed at ICSD, CSD, custodian bank or transfer agent level.|
|Classical Global Note (CGN)||Deposit and primary market settlement is performed via the common depositories appointed jointly by the ICSDs.|
|New Global Note (NGN)|
(applicable to international debt instruments in bearer form only)
|Deposit is performed via the common safekeepers (CSKs) appointed jointly by the ICSDs.|
Primary market settlement is performed via the common service providers (CSPs) appointed jointly the ICSDs.
|Physical||Receipt and delivery of physical certificates can be performed at ICSD, CSD, custodian bank or transfer agent level.|