Tag: Clearstream Banking Luxembourg

• Wednesday, April 1st 2015 - 07:25 UTC

  Clearstream stops settlement on all Argentine bonds; asks clarification from government

  

  Following the CNV securities regulator’s decision to suspend Citibank Argentina from its custody business in the country, Clearstream said in a press release it stopped settlement on all Argentine bonds, and will re-open for non-exchange bonds if it gets clarification.

• Friday, March 27th 2015 - 08:46 UTC

  European clearing houses close trading bridges on Argentine law bonds

  

  Clearing houses Euroclear and Clearstream have closed trading bridges on some 9.4 billion of Argentine bonds issued under the country's law. The action will prevent Euroclear customers from settling their trades with Clearstream clients and vice versa, but will not affect trading between customers belonging to the same clearing company, the same source said.