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Clearstream, the international central securities depository (ICSD) of Deutsche Börse Group, is teaming up with the National Bank of Ukraine (NBU) to make Ukrainian government securities eligible in Clearstream’s system. The linkage to the Ukrainian market is scheduled to launch in the first quarter of 2019. This step will enable settlement of all government bonds denominated in the local currency hryvnia through the international system of Clearstream, improving efficiency at international standards while reducing costs for investors.
It is expected that by making local government securities eligible in Clearstream the demand for Ukrainian government bonds will increase, thereby boosting their liquidity and attractiveness in the international market. As a result, the...
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