|
Clearstream, the international central securities depository (ICSD) of Deutsche Börse Group, expands its international coverage by opening a new domestic link to Kazakhstan on 30 July 2018. The link will help foreign investors to access the local market and enables Clearstream to offer Kazakhstan government bonds and National Bank notes. Citibank Kazakhstan JSC, a subsidiary bank of Citibank, N.A., will act as local custodian and cash correspondent bank.
Kazakhstan is Clearstream’s 57th domestic link, offering a connection to the Kazakhstan market and affirming Clearstream’s leading position as an ICSD in terms of market coverage. The product offering will include internal free-of- and against-payment settlement in all settlement-eligible currencies, including...
|