Clearstream’s Activity Figures for July 2009

In July 2009, the value of assets under custody held on behalf of customers registered an increase for the fifth consecutive month and stood at €10.4 trillion. Primarily due to lower equity market valuations and despite an increase in the new issuance of bonds the asset under custody are still 4 percent lower than in July 2008 (€10.8 trillion). Compared to July 2008, securities held under custody in Clearstream’s international business experienced a rise of 5 percent from €5.2 to €5.4 trillion while domestic German securities held under custody decreased by 11 percent from €5.6 trillion to €5.0 trillion.

International settlement transactions increased by 4 percent (2.55 million) compared to July 2008 (2.44 million). International Over the Counter (OTC) bond transactions grew by 22 percent from 1.22 million in July 2008 to 1.51 million in July 2009. Of all international transactions, 78 percent were OTC transactions and 22 percent were registered as stock exchange transactions.

On the German domestic market, settlement transactions reached 5.98 million, 16 percent less than in July 2008 (7.11 million). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.

For Global Securities Financing (GSF) services, the monthly average outstandings stood at €476.7 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 23 percent over July 2008 (€387.7 billion).

In the Investment Funds services, 317,897 transactions were processed, a 24 percent decrease over July 2008 (418,176) as a result of reduced European investment funds transactions.

Related links
Clearstream website (www.clearstream.com)