Clearstream Shows Good Growth Levels In July

Clearstream’s core business areas saw further growth during July 2005 with the number of monthly international transactions processed rising 26.8 percent at 1.65 million compared to the same month last year (July 2004: 1.30 million). Of these transactions, 82 percent are Over the Counter (OTC) transactions, 18 percent are registered as stock exchange transactions. Domestic settlement transactions in Germany, increased 11.3 percent the figure at 2.78 million compared to 2.49 million for the same period last year. The ratio for domestic settlement transactions was 65 percent stock exchange transactions to 35 percent OTC transactions.

Additionally, the value of assets held under custody on behalf of customers rose to EUR 8.4 trillion, a rise of 9.4 percent from the end of the same month last year (July 2004 EUR 7.7 trillion).

Clearstream continues to experience strong growth within the strategically important Global Securities Financing services business with monthly average outstandings reaching EUR 186.6 billion. The combined services, which includes tripartite repo, securities lending and collateral management, collectively experienced a rise of 51 percent from the same month last year (July 2004: EUR 123.6 billion).

Vestima+, the investment funds service, reached the highest number of investment funds related instructions ever processed at 205,112, a rise of 63.7 percent from the same month last year (July 2004: 130,757).