Holiday Reminder

UniCredit Bank Hungary Zrt.
Summary: 
Wednesday, 23 October 2013 is national holiday in Hungary and all capital market infrastructures will be closed
Thu, 10/10/2013

Please take note that due to Wednesday, 23 October 2013 being a national holiday in Hungary, banks, KELER, KELER CCP, BSE, BÉTa MTF and MTS Hungary will be closed. Trading on BSE and on MTS Hungary will not be possible on this day, no clearing and settlement will also take place.

The following schedule is valid for our standard T+3 settlement cycle:

October 2013

Mon

Tue

Wed

Thu

Fri

Sat

Sun

14

15

16

17

18

19

20

 

 

 

 

T1

 

 

21

22

23

24

25

26

27

T2

T3

H

S1

S2

 

 

28

29

30

31

 

 

 

S3

 

 

 

 

 

 

By way of reminder, MTS Hungary is the main market for Hungarian government bonds and follows the same holiday calendar as BSE. The settlement cycle for fixed income securities on both BSE and MTS Hungary is T+2, while for equities it is T+3. OTC settlement usually follows the stock exchange settlement cycle, however the counterparties may agree on a different settlement date bilaterally.

 

Impact on investors: No trading, clearing, settlement and payment operations will be possible on the above holiday.