UniCredit Bulbank AD
Summary:
The 18 May 2013 will be a business Saturday and the 24 May 2013 will be a non-business day.
Thu, 16/05/2013
Please take note that the 18 May 2013, a Saturday will be a business day by decision of the Bulgarian Government. There will be no trading on the BSE, but settlement at the BNB, CDAD and RINGS will take place.
Furthermore, please also take note of the following upcoming holiday in Bulgaria on Friday the 24 May 2013 (Cyrillic Alphabet and Slavic Culture Day). There will be no trading on the BSE and no settlement at the BNB, CDAD or RINGS.
The standard T+2 securities settlement cycle in Bulgaria will be affected as follows:
| May 2013 | ||||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| T1 | T2 | S1 | ||||
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| S2 | T3 | T4 | H | |||
| 27 | 28 | 29 | 30 | 31 | 1 | 2 |
| S3 | S4 | |||||
- BSE - Bulgarian Stock Exchange;
- CDAD (Central Depository AD) - CSD for all dematerialised securities except government securities;
- BNB (Bulgarian National Bank) - CSD for government securities;
- RINGS - The real-time gross settlement system for BGN payments.
Impact on investors: The 18 May 2013 will be a business Saturday and settlement will take place. There is to be no trading and settlement on the 24 May 2013.