Spain and Portugal: Enhanced securities scope in CBF’s link to Iberclear and new link to Interbolsa

02.06.2020

As a next milestone in implementing our enhanced Investor-CSD solution, effective

27 November 2020 (Spain) and 11 December 2020 (Portugal)

Clearstream Banking AG1 is pleased to announce the upgrade of CBF’s link to Iberclear, resulting in the eligibility of all Spanish securities for Settlement in T2S and the activation of direct access to the Portuguese market (Interbolsa) and the eligibility of Interbolsa issued securities for settlement in T2S.

CBF will access Iberclear and Interbolsa for settlement in T2S as follows:

Country

CSD

Type of link

Securities eligible

Service activation/migration date

Spain

Iberclear

Direct link to Iberclear

Public debt securities, listed equities including regional equities, listed warrants, exchange traded funds.


Friday, 27 November 2020

Portugal

Interbolsa

Direct link to Interbolsa

Government bonds, corporate bonds, listed equities, warrants.


Friday, 11 December 2020

Important note: The settlement of Portuguese taxable bonds will require customers to provide a Tax Identification Number (TIN) in the settlement instructions to allow CBF to report tax to the Portuguese tax authorities in CBF’s new role as Tax Agent. Further operational details will be published in due course.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer. Further details on the OneClearstream service activation will be available in due course.

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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.