Clearstream, the global central securities depository (ICSD) within Deutsche Borse Group, has opened two new direct links with Bulgaria and Romania helping foreign investors to access these markets.
With the latest addition, Clearstream’s network now reaches 47 domestic markets around the globe: 30 in Europe, 5 in the US, 10 in the Asia Pacific region and 2 in Middle-East and Africa.
In Bulgaria, government securities will be settled free of payment via the Bulgarian National Bank. Debt securities (corporate bonds, mortgage bonds, municipal bonds) as well as equities and investment funds will be settled via the Bulgarian Central Securities Depository (CDAD).
In Romania, the link allows settlement of government securities via the National Bank of Romania.