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In December 2009, the value of assets under custody held on behalf of customers registered an increase of 5 percent to € 10.7 trillion (compared to € 10.2 trillion in December 2008), primarily due to bonds business. Securities held under custody in Clearstream’s international business experienced a rise of 6 percent from € 5.2 trillion in December 2008 to € 5.5 trillion in December 2009 while domestic German securities held under custody increased by 3 percent from € 5.0 trillion in December 2008 to € 5.2 trillion in December 2009. For 2009, yearly average of the value of assets under custody held on behalf of customers reached € 10.3 trillion compared to € 10.6 trillion in 2008, a decrease of 3 percent.
In December 2009 2.64 million international transactions were processed, an almost 1 percent decline over December 2008 (2.67 million). International Over the Counter (OTC) bond transactions grew by more than 9 percent from 1.31 million to 1.43 million in December 2009. Of all international transactions, 74 percent were OTC transactions and 26 percent were registered as stock exchange transactions. For 2009, Clearstream processed 30.59 million international transactions, an increase of 2 percent compared to 2008.
On the German domestic market, settlement transactions reached 6.03 million, 15 percent less than in December 2008 (7.08 million). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions. In 2009, Clearstream processed 71.38 million domestic settlement transactions compared to 84.32 million in 2008, a decrease of 15 percent.
For Global Securities Financing (GSF) services, the monthly average outstanding reached € 509.4 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of over 17 percent over December 2008 (€ 434.1 billion). For the year 2009, monthly average outstanding reached € 483.6 billion compared to € 398.8 billion in 2008, an increase of 21 percent.
In the Investment Funds services, 367,146 transactions were processed, a 23 percent decrease over December 2008 (477,405). For 2009, 3.9 million transactions were processed, a 25 percent decrease over 2008 (5.2 million) as a result of reduced European investment funds transactions.
