Changes in Settlement Deadlines on 31 December 2021

UniCredit Bulbank AD
Summary: 
The Bulgarian National Bank (BNB) and Central Depository AD (CDAD) have announced changes in market settlement deadlines on 31 December 2021. UniCredit Bulbank also changes some of its deadlines for that date.
Thu, 23/12/2021

BNB has announced a shorter deadline on 31 December 2021 as follow:

BNB


Current


31 Dec 2021

Settlement of government securities


S 16:45


S 14:45

UniCredit Bulbank changes its settlement deadline for government securities on 31 December 2021 as follows:

UniCredit Bulbank


Current


31 Dec 2021

Settlement of government securities


S 16:00


S 12:00

CDAD’s daily system schedule on 31 December 2021 will be as follows:

CDAD


Current


31 Dec 2021

1st DvP/RvP settlement batch


10:30


10:30

2nd DvP/RvP settlement batch


12:30


13:00

3rd DvP/RvP settlement batch


15:10


15:10

Last DF/RF settlement batch


19:00


18:55

UniCredit Bulbank changes its settlement deadlines as follow: 

UniCredit Bulbank


Current


31 Dec 2021

DvP/RvP settlement


S-1 16:00 


 S-1 15:00

DF/RF settlement


S 16:00


S 12:00

Local time: CET + 1h

Impact on investors: Clients should be aware of the shorter settlement deadlines on 31 December 2021.