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