In August 2009, the value of assets under custody held on behalf of customers registered an increase for the sixth consecutive month and stood at Euro 10.5 trillion. Primarily due to lower equity market valuations and despite an increase in the new issuance of bonds the assets under custody are still 4% lower than in August 2008 (Euro 10.9 trillion). Compared to August 2008, securities held under custody in Clearstreams international business experienced a rise of 3% from Euro 5.3 to Euro 5.5 trillion while domestic German securities held under custody decreased by 10% from Euro 5.6 trillion to Euro 5.0 trillion.
For the first time in 2009, in August the total number of settlement transactions increased over the same period last year. This increase is primarily due to a 22% rise in international settlement transactions (2.33 million) compared to August 2008 (1.90 million). This figure includes the International Over the Counter (OTC) bond transactions that grew by 23% from 0.96 million to 1.18 million in August 2009. Of all international transactions, 71% were OTC transactions and 29% were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 5.78 million, 2% more than in August 2008 (5.65 million). Of these transactions, 66% were stock exchange transactions and 34 percent OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings stood at 479.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 22% over August 2008 (Euro 393.3 billion).
In the Investment Funds services, 317,246 transactions were processed, a 3% decrease over August 2008 (326,092) as a result of reduced European investment funds transactions.
D.C.