Clearstream’s GSF business falls 4% YoY in volume outstanding for February
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Clearstream’s GSF business falls 4% YoY in volume outstanding for February 16 March 2023Luxembourg Reporter: Carmella Haswell
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Clearstream’s Global Securities Financing (GSF) business contracted 4 per cent year-over-year to €550.6 billion in volume outstanding for February, according to its monthly figures.
The central securities depository also recorded a YoY decrease for its GSF business’ year-to-date figures, falling 3 per cent to €546.5 billion.
The total assets under custody held in Clearstream increased by 3 per cent YoY to €17,207 billion for February. Year-to-date figures for 2023 also saw improvements, with monthly figures indicating a 2 per cent rise to €17,104 billion for assets under custody.
Clearstream’s Investment Funds Services (IFS) business faced declines with securities deposits down 3 per cent YoY to €3,227 billion and the number of transactions processed by the business dropping 13 per cent YoY to €3.6 million.
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