Clearstream’s GSF business grows in December 12 January 2022Luxembourg Reporter: SFT
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Clearstream’s Global Íø±¬³Ô¹Ï Financing (GSF) business expanded by 11 per cent YoY to €567.0 billion volume outstanding during December.
Total assets under custody held in Clearstream also rose by 11 per cent YoY during December to €16,876 billion.
For the Luxembourg-based ICSD business, securities deposits climbed 7 per cent YoY during December to €7,564 billion, although transaction volumes contracted by six per cent over this period to 6.1 million.
Íø±¬³Ô¹Ï deposits in Clearstream’s domestic CSD business, notably Clearstream Banking Frankfurt and LuxCSD, increased by 14 per cent YoY to €5,875 billion, with trades processed rising 15 per cent to 16.7 million.
The Investment Funds Services business also made strong gains during December, rising 16 per cent YoY to €3,438 billion with subscriptions and redemptions processed growing by 11 per cent to 4.3 million.
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