Primary auction of state bonds with settlement cycle T+2

UniCredit Bank Czech Republic and Slovakia, a.s., pobočka zahraničnej banky
Summary: 
The Debt and Liquidity Management Agency of the Slovak Republic announced change to T+2 Settlement for primary auctions
Fri, 19/09/2014

Dear Client,

In line with other EMU countries Slovakia is changing settlement day on primary market of state debt securities to T+2 commencing October 6th, 2014.

Impact on investors: The shorter T+2 settlement cycle, effective from 6 October 2014, will reduce settlement risk.