Technical issues at KELER

UniCredit Bank Hungary Zrt.
Summary: 
KELER advised market participants about potential delays in settlement
Wed, 25/05/2022

We would like to inform our clients that today, the settlement system of the Hungarian CSD (KELER) incorrectly applied value date of 26.05.22 instead of original value date 25.05.22 in case of instructions submitted in advance. KELER advised the market that this technical error may result in delays in settlement.

Experts of KELER are working to fix the error. We will notify our clients immediately as soon as the issue has been resolved.

Impact on investors: Clients should be aware of potential delays in settlement.