Central Securities Depositories
Central Depository S.A.
National Bank of Romania: SaFIR and RoClear
Bucharest Clearing House S.A.
Romanian Clearing House S.A.
T+0 or as agreed by counterparties for government bonds on SaFIR1
T+2 for government bonds and T-bills
T+3 for equities, corporate and municipal bonds, set to move to T+2 but date unconfirmed
Central Depository S.A. migrated to T2S in the first wave on 22 June 2015.
Central Depository S.A. acts as the CSD for Equities, ETFs, Government bonds, Corporate bonds, Investment funds, Rights and warrants.
Key terms defined in our glossary:
Central Securities Depository
BIS Model 2
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.