Clearstream Banking1 informs customers that the domestic (onshore) Japanese government bond (JGB) settlement cycle in Japan will change
(on a trade date basis) from T+2 business days to T+1 business day, effective
1 May 2018
Cross border (offshore) JGB settlement with or between non-residents of Japan will remain on a T+3 business days settlement cycle.
Impact on customers
There will be no change to the settlement deadlines or processes arising from the settlement cycle change.
Further information
Further information is available from your dedicated Relationship Manager or Clearstream Banking’s Client Services teams.
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1. Clearstream Banking 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 Banking AG (for Clearstream Banking AG customers using Creation 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.