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As from today, all French and Belgian government debt securities cleared by LCH SA’s RepoClear service are available for settlement through Clearstream Banking AG. The two new markets complement Clearstream Banking AG’s existing settlement proposition for German government debt, implemented in 2018. The extension allows RepoClear’s clearing members to benefit from Clearstream being a new settlement location for these two markets as well as investors to consolidate an even wider range of their European settlement activity in Clearstream Banking AG.
Today, international investors still face cumbersome processes for cross-border transactions, such as having to maintain accounts at different settlement or custody facilities that support the security in question. A single...
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