Bulgaria: Holiday and Working Saturday Reminder for September

UniCredit Bulbank AD
Summary: 
Bulgaria: Holiday and Working Saturday Reminder for September
Tue, 30/08/2016

Please be kindly reminded of the following upcoming rearrangement of business days and holidays in Bulgaria in September 2016.

Tuesday 6 September 2016 and 22 September 2016 are official holidays whereas Monday 5 September and Friday 23 September 2016 are official holidays by decision of the Government.

Saturday 10 September and Saturday 17 September 2016 have been declared as working days by decision of the Government in order to compensate for the non-working 5 and 23 September 2016.´

The standard T+2 securities settlement cycle in Bulgaria will be affected as follows:

September 2016

Mon

Tue

Wed

Thu

Fri

Sat

Sun

29

30

31

1

2

3

4

 

 

 

T1

T2

 

 

5

6

7

8

9

10

11

H

H

S1

S2

 

 

 

12

13

14

15

16

17

18

19

20

21

22

23

24

25

 

T3

T4

H

H

   

26

27

28

29

30

1

2

S3

S4

         

 

Impact on investors: BSE, CDAD and BNB will be closed on 5, 6, 22 and 23 September 2016 and no trading and settlement will take place. On 10 and 17 September 2016 settlement at the BNB, CDAD and RINGS will take place as usual however there will be no trading on the BSE.