Romania: New custodian and account operator - Reminder

30.10.2018

Further to Clearstream Banking1’s Announcement A18137 and effective

29 October 2018

BRD Groupe Societe Generale S.A. (BRD) has become Clearstream Banking’s local custodian and account operator for the Romanian market.

Depository details

BRD Groupe Societe Generale S.A. (BRD)
BRD Tower
1-7, Ion Mihalache blvd.
Sector 1
011171 Bucharest
Romania

Depository Code: 0R
BIC address: BRDEROBUTIT

Settlement timings

The following deadlines apply:

SaFIR (NBR) eligible Government bonds and bills

Receipt and delivery against payment

 

16:10 SD

RoClear (CSD) eligible municipal and selected foreign bonds

Receipt and delivery free of payment

 

15:55 SD

Receipt and delivery against payment

 

18:25 SD-1

Procedure for domestic counterparties instructing in RoClear

In order to provide trade confirmations and arrange pre-matching of instructions, customers must advise their domestic counterparties to contact the Settlement desk at CBL’s depository BRD as follows:


Dorina LuculetLorica Tiu
Telephone:
Fax:		+40 21 2008366
+40 21 2008373		+40 21 2008374
+40 21 2008373

Procedure for the domestic counterparty

Deadline

Securities that settle in SaFIR

Deliver to/receive from: Clearstream Banking Luxembourg
(BIC: CEDELULL)

For/from: Clearstream Banking Luxembourg (BIC: CEDELULL), account number: CEDE1 (CBL account at NBR.)

By order of: CBL customer account number

Market deadline

Securities that settle in RoClear

Deliver to/receive from: Clearstream Banking Luxembourg
(BIC: CEDELULL)

For/from: Clearstream Banking Luxembourg (BIC: CEDELULL), account number: 5269897 (CBL account number at BRD.)

By order of: CBL customer account number

Market deadline

Further information

The Clearstream Banking customer documentation related to Romania has been updated.

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.