Central Securities Depositories
Central Bank of Lebanon (CBL)
Midclear maintains the central registration for all listed companies and operates settlement on a Delivery versus Payment (DVP) basis. Cash settlement takes place with the Central Bank of Lebanon (CBL). For government bonds, CBL acts as depository.
Key terms defined in our glossary:
Central Securities Depository
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.