Custody/clearing  
CITI    
DEUTSCHE BANK    
HSBC SECURITIES SERVICES    
 
 
PHILIPPINES - Capital Market Infrastructure Summary

Central Securities Depositories
Philippine Depository and Trust Corporation (PDTC)
Bureau of Treasury (BTR)

BIS Model
Model 2

Settlement Cycle
T+3 for Equities
T+1 to T+2 for Government bonds
T+2 for Listed corporate bonds
negotiable for Unlisted corporate bonds

Comment
Philippine Depository and Trust Corporation (PDTC) provides central registration of securities traded on the Philippine Stock Exchange and Fixed Income Exchange (FIE). The Philippine government's Bureau of Treasury acts as depository for government securi


Key terms defined in our glossary:

Central Securities Depository
BIS Model 2
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.