Clearstream processed 2.18 million international transactions in November 2006, a 33% rise over November 2005 (1.84 million). Of these transactions, 75 percent were Over the Counter (OTC) transactions and 25 percent were registered as stock exchange transactions. Domestic settlement transactions in Germany stood at 3.28 million compared to 2.89 million for the same month last year. Of these transactions 68 percent were stock exchange transactions and 32 percent OTC transactions.
The value of assets under custody on behalf of customers rose to a new high of € 9.6 trillion, a 11 percent rise from November 2005 (€ 8.7 trillion). Securities held under custody in Clearstream’s international business experienced a rise of 11 percent from € 3.9 trillion to € 4.4 trillion. On the domestic German business, securities held under custody rose by 11 percent from € 4.8 trillion to € 5.3 trillion. Also in November, Clearstream became the first place of settlement outside Japan to offer settlement services for Japanese Government Bonds. With over USD 7 trillion of securities in issuance, the Japanese government debt market is the largest in the World.
For the Global Securities Financing services monthly average outstandings reached a record high at EUR 291.6 billion. The combined services, which includes triparty repo, securities lending and collateral management, collectively experienced a rise of 39 percent from the same month last year (November 2005: EUR 210.1 billion). This trend continued in December with average weekly outstandings at Clearstream breaking the € 300 billion mark, reaching € 303.1 billion.
In the Investment Funds services, business continues to grow with 317,460 transactions processed in November, almost 33 percent more than a year ago (239,801).
