In September 2008, the value of assets under custody held on behalf of customers registered a 1.2 percent rise at € 10.8 trillion (compared to € 10.7 trillion in September 2007) despite a decrease in equities’ market value. Securities held under custody in Clearstream’s international business experienced a rise of 10.8 percent from € 4.9 to € 5.4 trillion and domestic German securities held under custody decreased by 6.8 percent from € 5.8 trillion to € 5.4 trillion.
For the first time in 2008, international settlement transactions grew year-on-year with a 9.0 percent increase (2.38 million) compared to September 2007 (2.19 million). International Over the Counter (OTC) bond transactions grew by 41.5 percent from 0.86 million to 1.22 million in September 2008. Of all international transactions, 74.5 percent were OTC transactions and 25.5 percent were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 7.19 million, 0.7 percent more than in September 2007 (7.14 million). Of these transactions, 66.3 percent were stock exchange transactions and 33.7 percent OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings reached € 401.1 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 24.5 percent over September 2007 (€ 322.2 billion).
In the Investment Funds services, 381,109 transactions were processed, a 12.6 percent decrease over September 2007 (435,810) as a result of reduced European investment funds transactions.
