UniCredit Bulbank AD
Summary:
The Bulgarian National Bank (BNB) announced changes to the market deadlines for the settlement of government securities.
Wed, 11/05/2016
The Bulgarian government has decided that Saturday, 14 May 2016 will be a normal business day to compensate for the additional holiday on 23 May 2016.
Due to a planned SWIFT maintenance, the BNB announced changes to the market deadlines for settlement on Saturday, 14 May 2016. The BNB will accept instructions for the settlement of government securities until 15:45 local time (14:45 CET). As a result, UniCredit Bulbank will change its deadline for receiving instructions for the settlement of government securities to 15:00 local time (14:00 CET).
Impact on investors: Investors should be aware of the earlier settlement deadlines for government securities on 14 May 2016.