Announcement

Argentina: Reminder - domestic against payment settlement service in ARS

Settlement | Argentina

Reference

Code
A19021
Service level
CBL
Last Updated
07.02.2019

Clearstream Banking1 reminds customers following announcements A18117 and A19006, domestic against payment settlement in Argentinian Pesos (ARS) is available to customers.

Background information

Clearstream Banking offers against payment settlement services in ARS, on all eligible Argentinian asset classes, that is government bonds, corporate bonds, equities and related instruments. In line with the local regulator, the Comisión Nacional de Valores, the Depositantes are deemed to register such transactions in an authorised market. Additionally, OTC settlement on fixed income instruments is also possible via MaeClear (for example trades agreed between two foreign investors, or between a foreign investor and a non-MAE participant), benefitting from the against payment environment and the netting multilateral model.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

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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.