Clearstream says the value of assets held in custody on behalf of customers rose in February this year to approximately Euros 7.7 trillion, a rise of 2.3 percent from the same month last year.
The number of international transactions processed by Clearstream stood unchanged at 3.3 million in the year to date. Of these transactions, 15 percent were registered as stock exchange transactions, and 85 percent were Over the Counter (OTC) transactions. For domestic settlement transactions in Germany, the figure stands at 5.4 million year to date – a decrease of 16 percent on the same period last year (January – February 2004: 6.4 million). The ratio for domestic settlement transactions was 67 percent stock exchange transactions to 33 percent OTC transactions.
Within the Global Securities Financing services business, strong growth continued with the monthly average outstandings reaching Euros 180.7 billion. The combined services, which include tri-party repo, securities lending and collateral management, experienced a rise of over 55.5 percent from the same month last year (February 2004: EUR 116.2 billion).
Clearstream’s enhanced version of its mutual funds service – Vestima+ – also grew, with the number of funds-related instructions processed reaching 177,818 in February 2005, a rise of 7.2 percent from the same month last year (February 2004: 136,626).