Clearstream’s sec financing service dips for September
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Clearstream’s sec financing service dips for September 19 October 2015Luxembourg Reporter: Drew Nicol
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Clearstream’s global securities financing (GSF) services figures showed its monthly average outstanding dropped 8 percent in September.
The combined services include securities lending, triparty repo and collateral management saw its average drop from €632.2 billion to €581.3 billon between September 2014 and the same month this year.
Clearstream’s GSF monthly average outstanding did increase 2 percent, from €601.7 billion between January and September 2014 to €613.2 billion in the same period in 2015.
The overall value of assets under custody held on behalf of customers registered an increase of 6 percent to €13 trillion compared to €12.3 trillion in September 2014.
Securities held under custody in Clearstream’s international business as international central securities depository increased by 8 percent from €6.6 trillion in September 2014 to €7.1 trillion in September 2015.
Investment fund services (IFS) slumped 3 percent with 710 million transactions processed in September compared to 730 million recorded in September 2015.
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