Clearstream Releases Its Activity Figures For February 2009

In February 2009, the value of assets under custody held on behalf of customers registered a 6% decrease at € 9.9 trillion (compared to € 10.5 trillion in February 2008), primarily due to lower equity market valuations and despite an

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In February 2009, the value of assets under custody held on behalf of customers registered a 6% decrease at € 9.9 trillion (compared to € 10.5 trillion in February 2008), primarily due to lower equity market valuations and despite an increase in bonds. Securities held under custody in Clearstream’s international business experienced a rise of 9% from € 4.9 to € 5.3 trillion while domestic German securities held under custody decreased by 18% from € 5.7 trillion to € 4.6 trillion.

International settlement transactions decreased by 8% (2.26 million) compared to February 2008 (2.46 million). International Over the Counter (OTC) bond transactions grew by 17% from 1.20 million to 1.41 million in February 2009. Of all international transactions, 80% were OTC transactions and 20% were registered as stock exchange transactions.

On the German domestic market, settlement transactions reached 5.11 million, 24% less than in February 2008 (6.76 million). Of these transactions, 64% were stock exchange transactions and 36% OTC transactions.

For Global Securities Financing (GSF) services, the monthly average outstandings reached a high at € 454.7 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 18% over February 2008 (€ 386.7 billion).

In the Investment Funds services, 277,804 transactions were processed, a 38% decrease over February 2008 (449,776) as a result of reduced European investment funds transactions.

D.C.

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