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Industry news

Clearstream updates securities lending rates


15 March 2019 Luxembourg
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
Clearstream Banking has updated its securities lending and borrowing end of day rates, effective 1 April.

As part of the update, Clearstream now charges different rates for equities and debt and charges on a per currency basis.

The end of day rate is applied once a day to those loans that are open after the end of day processing. The rate for both lenders and borrowers will be charged in Euros.

According to the , the changes made from the previous month affect South African rand (ZAR) currency.
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