Working Saturday Reminder

UniCredit Bulbank AD
Summary: 
31 May 2014 will be business Saturday in Bulgaria.
Mon, 26/05/2014

Dear Client,

Please be advices that Saturday 31 May 2014 will be a business day by decision of the Bulgarian Government. There will be no trading on the Bulgarian Stock Exchange (BNS), but settlement at the BNB*, CDAD** and RINGS*** will take place.

The following schedule is valid for the standard T+2 settlement cycle:

May 2014

Mon

Tue

Wed

Thu

Fri

Sat

Sun

26

27

28

29

30

 31

 1

 

 

 

T1

T2

S1

 

June 2014

2

3

4

5

6

7

8

S2

 

 

 

 

 

 

*BNB (Bulgarian National Bank) – CSD for government securities

**CDAD (Central Depository AD) – CSD for government securities

***RINGS – the real-time gross settlement system for BGN payments

Impact on investors: 31 May 2014 will be business Saturday and settlement will take place. There will be no trading on the Stock Exchange.