23.06.15
ICMSA Bulletin 150623/33: Treatment of denominations and related exchanges
This bulletin updates BULLETIN – November 2006 – Guide to the Treatment of Denominations and Related Exchange Conditions.
The purpose of this updated document is to clarify how Clearstream Banking Luxembourg and Euroclear Bank (the “ICSDs”) treat the denomination(s), transferable amounts and the tradeable amounts; as well as the exchange of securities from global into definitive form.