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Iberclear Incorporates Settlement Of German And French Fixed Income Securities Cleared In LCH Date
18/01/2021
Iberclear, the Spanish Central Securities Depository and a BME company, is incorporating from today the settlement of German and French government debt securities and certain bonds cleared in LCH SA, following the agreement signed with this clearing house.
Iberclear participants which trade and clear certain French and/or German fixed income securities through LCH SA will be able to instruct the settlement of these transactions in their accounts with Iberclear. In addition, in the case that they have already authorized LCH SA to instruct their securities accounts with Iberclear, they will not need to submit any additional authorization to Iberclear.