Clearstream’s global securities financing average climbs
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Clearstream’s global securities financing average climbs 23 June 2015Frankfurt Reporter: Mark Dugdale
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Clearstream enjoyed a monthly average outstanding of €622.5 billion for global securities financing in May.
The combined services of triparty repo, securities lending and collateral management collectively beat May 2014’s €593.7 billion by 5 percent, although they were down on April of this year, when they had a monthly average outstanding of €628.4 billion.
In May 2015, the overall value of assets under custody held on behalf of customers increased 10 percent to €13.4 trillion, beating May 2014’s €12.1 trillion.
Securities held under custody in Clearstream’s international central securities depository, meanwhile, increased to €7.2 trillion last month—an 11 percent increase over May 2014’s €6.4 trillion.
The German central securities depository saw its securities held under custody climb 9 percent over 12 months, from €5.7 trillion in May 2014 to €6.2 trillion in May this year.
Clearstream also processed 3.6 million international settlement transactions, which was slightly down on the previous year at 2 percent. On the German domestic market, settlement transactions in May reached 7.2 million, beating the same month in 2014 by 10 percent.
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