Greece: Update to receipt free of payment transactions
Further to Announcements L15123 and L15124 dated 24 July 2015, stating that the settlement of receipt free of payment transaction for BOGS and HCSD eligible securities was, until further notice, no longer allowed, Clearstream Banking1 informs its customers that it will start to forward free of payment receipt instructions to the Greek market with immediate effect.
The following transactions are possible:
Internal | against and free of payment |
Bridge | against and free of payment for BOGS-eligible securities |
Domestic | free of payment (receipts/deliveries) HCSD eligible securities a free of payment (receipts/deliveries) BOGS eligible securities a |
a. Please note that receipt instructions may be rejected at the level of the domestic market.
Further information
We will continue to monitor the situation.
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 AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and 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.