The Bulgarian National Bank (“BNB”) has announced a shorter deadline on 29 December 2023 which is as follows:
|
BNB |
Current |
29 Dec 2023 |
|
Settlement of government securities |
S 16:45 |
S 14:45 |
UniCredit Bulbank has also chaged its settlement deadline for government securities on 29 December 2023 as follows:
|
UniCredit Bulbank |
Current |
29 Dec 2023 |
|
Settlement of government securities |
S 16:00 |
S 12:00 |
The Central Depository (“CDAD”)’s daily system schedule on 29 December 2023 will be as follows:
|
CDAD |
Current |
29 Dec 2023 |
|
1st DvP/RvP settlement batch |
10:30 |
10:30 |
|
2nd DvP/RvP settlement batch |
12:30 |
12:30 |
|
3rd DvP/RvP settlement batch |
15:10 |
15:10 |
|
Last DF/RF settlement batch |
19:00 |
18:55 |
UniCredit Bulbank has also changed its settlement deadlines for Central Depository (“CDAD”) eligible securities, including securities settled at TARGET2-Securities (“T2S”), on 29 December 2023 as follows:
|
UniCredit Bulbank |
Current |
29 Dec 2023 |
|
DvP/RvP settlement |
S-1 16:00 |
S-1 15:00 |
|
DF/RF settlement |
S 16:00 |
S 12:00 |
All deadlines stated above are in Bulgaria Local time: CET + 1h
Impact on investors: Clients should be aware of the shorter settlement deadlines for 29 December 2023.