Clearstreams Global Securities Financing (GSF) services, which include tri-party repo, securities lending and collateral management, reported a monthly average outstanding of 638.7 billion in December 2011, a 12% rise over December 2010 (572.4 billion). For the year 2011, monthly average outstanding reached 592.2 billion compared to 521.6 billion in 2010, an increase of 14%.
For 2011, Clearstream said the yearly average of the value of client assets under custody reached 11.1 trillion compared to 10.9 trillion in 2010, an increase of 2%.
In December 2011, the value of client assets under custody registered a decrease of 4% to 10.9 trillion, compared to 11.3 trillion in December 2010. Securities held under custody in Clearstreams international business stayed flat at 5.9 trillion in December 2010 and December 2011 while domestic German securities held under custody decreased by 7% from 5.4 trillion in December 2010 to 5.0 trillion in December 2011.
In December 2011, Clearstream processed 2.8 million international transactions, a 19% decline over December 2010 (3.5 million). Of all international transactions, 83% were OTC transactions and 17% were registered as stock exchange transactions. For 2011, Clearstream processed 37.9 million international transactions, an increase of 2% compared to 2010.
On the German domestic market, settlement transactions reached 6.3 million,12 % less than in December 2010 (7.2 million). Of these transactions, 65% were stock exchange transactions and 35% OTC transactions. In 2011, Clearstream processed 88.4 million domestic settlement transactions compared to 79.3 million in 2010, an increase of 11%.
In the Investment Funds services, 0.45 million transactions were processed, a 12% decrease over December 2010 (0.51 million). For 2011, 5.3 million transactions were processed, a 3% increase over 2010 (5.1 million).
(JDC)