Clearstream’s Activity Figures for April 2009
In April 2009, the value of assets under custody held on behalf of customers registered a 5 percent decrease at € 10.2 trillion (compared to € 10.7 trillion in April 2008), primarily due to lower equity market valuations and despite an increase in bonds. But for the first time since the beginning of 2009 the value of assets under custody grew above 10 trillion. Securities held under custody in Clearstream’s international business experienced a rise of 9 percent from € 4.9 to € 5.4 trillion while domestic German securities held under custody decreased by 16 percent from € 5.8 trillion to € 4.8 trillion.
International settlement transactions decreased by 1 percent (2.44 million) compared to April 2008 (2.47 million). International Over the Counter (OTC) bond transactions grew by 18 percent from 1.26 million to 1.49 million in April 2009. Of all international transactions, 79 percent were OTC transactions and 21 percent were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 5.91 million, 11 percent less than in April 2008 (6.66 million). Of these transactions, 63 percent were stock exchange transactions and 37 percent OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings reached a high at € 485.6 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 24 percent over April 2008 (€ 391.6 billion).
In the Investment Funds services, 275,904 transactions were processed, a 34 percent decrease over April 2008 (419,311) as a result of reduced European investment funds transactions.
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