OneClearstream migration to Austria (OeKB) - correction
The PDF attached to this announcement, originally published on 10 September 2018, has been updated to correct the account number for non-migrated securities.
As previously communicated in Clearstream Banking's1 Announcement A17129, Clearstream Banking S.A. (CBL) will amend its settlement flow and appoint Clearstream Banking AG (CBF) as its single gateway to the T2S Settlement platform. This will lead to the migration of OeKB T2S-eligible securities to CBF on and effective
10 December 2018
This forms part of our ongoing efforts to harmonise our services allowing customers to benefit from advantages across multiple areas of our business.
Clearstream Banking will access OeKB for settlement in T2S via CBF as follows:
Country | CSD | Type of link | Securities eligible |
Austria | Oesterreichische Kontollbank CSD GmBH (OeKB) | Relayed link via Clearstream Banking AG, Frankfurt (All T2S eligible assets) to OeKB and indirect link via Erste Group Bank AG (All non- T2S eligible assets, that is physical securities) | Government bonds; Treasury bills; Commercial Paper; Domestic corporate bonds; Foreign corporate bonds; Registered shares endorsed in blank, Bearer equities eligible in OeKB and T2S |
Please refer to the PDF attached below for more information on the scope of securities relevant for the migration and the impact on customers and their counterparties highlighting specific details on the migration.
The impacts on customers using Vestima will be published in due course.
The Market Link Guide and Realignment Guide for Austria, with validity from 10 December 2018 will be available on the Clearstream Banking website in due course.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
------------------------------
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.