Holiday Reminder

UniCredit Bank Austria AG
Summary: 
Tuesday, 15 August 2017 will be a public holiday in Austria, Croatia, Romania and Slovenia.
Thu, 10/08/2017

 

Please take note of the following upcoming public holiday in Austria, Croatia, Romania and Slovenia:

Tuesday, 15 August 2017 - Assumption Day

The following schedule will therefore apply to the standard T+2 settlement cycle in these markets:

where Tx - trading day, Sx - settlement day corresponding to Tx, H - public holiday, WE - weekend day

In Austria, the Stock Exchange, the CCP and all banks will be closed, while the CSD will be open for OTC settlement. UniCredit GSS Austria will support OTC settlement from 9:00 to 16:00 CET with staff on duty.

In Croatia, Romania and Slovenia, the Stock Exchange, the CSD, all banks and other market participants will be closed for business.

The TARGET2 system for payments in EUR will operate normally on the above public holiday.

In all markets, normal activities will be resumed on Wednesday, 16 August 2017.

 

Impact on investors: On 15 August 2017 no trading and settlement will be possible in Croatia, Romania and Slovenia, while in Austia only OTC settlement will be available.