Clearstream Will Make Eurobonds And Securities From Non T2S markets eligible for settlement in TARGET2-Securities
Clearstream – the post-trade services provider of Deutsche Börse Group – will extend the range of securities eligible for settlement in the future pan-European settlement platform TARGET2-Securities (T2S) by leveraging the network of cross-border links to non T2S markets of its international central securities depository (ICSD). As such, Clearstream will make its ICSD-issued securities (i.e. Eurobonds) and also securities issued outside Europe available via T2S, which represents a significant expansion of scope compared to the original universe of the T2S project. Clearstream’s decision will therefore further contribute to the harmonisation of cross-border flows in Europe and beyond.