Please be kindly reminded of the following upcoming rearrangement of business days and holidays in Bulgaria in March 2015:
Monday, 2 March 2015 is an official holiday by decision of the Government
Tuesday, 3 March 2015 - Liberation Day is an official holiday
Saturday, 21 March 2015 is a business day by decision of the Government to compensate for 2 March 2015
The standard T+2 securities settlement cycle in Bulgaria will be affected as follows:
|
March 2015 |
||||||
|
Mon |
Tue |
Wed |
Thu |
Fri |
Sat |
Sun |
|
23 |
24 |
25 |
26 |
27 |
28 |
1 |
|
|
|
|
T1 |
T2 |
|
|
|
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
H |
H |
S1 |
S2 |
|
|
|
|
16 |
17 |
18 |
19 |
20 |
21 |
22 |
|
|
|
|
T1 |
T2 |
S1 |
|
|
23 |
24 |
25 |
26 |
27 |
28 |
29 |
|
S2 |
|
|
|
|
|
|
- BSE – Bulgarian Stock Exchange;
- CDAD (Central Depository AD) - CSD for all dematerialized 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: BSE, CDAD and BNB will be closed on 2 and 3 March 2015 and no trading and settlement will take place. On 21 March2015 settlement at the BNB, CDAD and RINGS will take place as usual, but there will be no trading on the BSE.