Philippines: Improved settlement deadlines - Update

Note: This Announcement, originally published on 19 January 2026 and updated on 27 January 2026, has been updated to amend the effective date. Changes have been highlighted.

Clearstream¹ informs clients that effective 

immediately

and in line with our ongoing commitment to the enhancement of our settlement services, the client deadlines for government bonds, corporate bonds and equities will be improved as follows:

Note: All times in this announcement are CET unless otherwise stated.

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

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

If either of these criteria is not met, Clearstream cannot guarantee timely settlement.

Further information

The Market Link Guide – Philippines and Settlement Timings Matrix will be updated accordingly. For further information, clients may contact Clearstream Client Services or their Relationship Officer.

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1. Clearstream refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Europe AG (for Clearstream Europe AG clients using 6-series accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.
Clearstream Banking S.A. is registered as an Australian CS (Overseas) Facility, under subsection 824B(2) of the Corporations Act 2001, with registration number ARBN 675 244 783.