Please take note of the following upcoming public holidays across CEE in the week of 7 May 2018:
Monday, 7 May 2018 - Bulgaria
Public holiday observing for 6 May 2018, St. George's Day
Tuesday, 8 May 2018 - Czech Republic and Slovakia
Wednesday, 9 May 2018 - Bosnia and Herzegovina (Republic of Srpska) and Russia
Thursday, 10 May 2018 - Austria
The below working schedule will apply across the above markets for their respective holidays:
where W - working day, H - public holiday, WE - weekend day
The impact on investors will be as follows:
Austria: Vienna Stock Exchange, CCP.A and all banks will be closed on 10 May, while OeKB CSD will be open to process OTC settlements. UniCredit Bank Austria will support OTC settlement with staff on duty from 09:00 to 16:00.
Bosnia and Herzegovina: Public holiday in Republic of Srpska only. Banja Luka Stock Exchange, the local CSD and all banks in Republic of Srpska will be closed on 9 May. Normal working day for the market in Federation of Bosnia and Herzegovina and GSS staff will be available to support client activities.
Bulgaria: Bulgarian Stock Exchange, Central Depository AD and Bulgarian National Bank will be closed on 7 May. No trading, securities settlement and cash clearing will take place.
Czech Republic: Prague Stock Exchange, the local depositories and all local banks will be closed on 8 May. No securities trading and settlement will be available.
Russia: The market will be fully closed on 9 May. On 8 May AO UniCredit Bank will be open for business and will provide general client services between 09:00 and 16:45. The applicable securities settlement deadlines will be 16:30 for free of payment settlement and 15:00 for against payment settlement, due to the limitations set in respect of cash processing (all times local).
Slovakia: No securities trading and settlement will be available on 8 May. The local CSD will be open, however all other market participants, including the banks and the Stock Exchange will be closed.