Self-collateralisation: Reduced range of permitted eligible securities

Securities eligible for refinancing via for self-collateralisation (SC) ) – a joint service offered by Clearstream Banking Frankfurt¹ - are securities admitted for collective safe custody (CSC) taken from the standard list of the ECB (Eligible Asset Database (EAD)) which are not subject to a close-link validation between the SC participant and the issuer of the security.

As of

9 June 2016

the scope of eligible SC securities will be determined technically as follows:

All EAD securities admitted for CSC (published on the ECB website), which do not require a close-link validation, are eligible, that is, the following securities are excluded:

• if the EAD field Issuer Group is '3' or '7' or '11';
• if the EAD field Issuer Group is '4' and the EAD field “Own-use covered bonds” is 'N' or 'N/A' or 'blank';
• if the EAD field Issuer Group is '8' and the EAD field “Own-use covered bonds” is 'N' or 'N/A' or 'blank'; or
• if the EAD field Issuer Group is '9' and the EAD field “Own-use covered bonds” is 'N' or 'N/A' or 'blank' (newly introduced criterion).

Further information

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

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.