Strong Growth At Clearstream For September 2005

Clearstream’s core business areas saw further growth during September 2005 with the number of monthly international transactions processed rising 36.5 percent at 1.72 million compared to the same month last year (September 2004: 1.26 million). Of these transactions, 78 percent are Over the Counter (OTC) transactions and 22 percent are registered as stock exchange transactions. Domestic settlement transactions in Germany increased 30.0 percent reaching 2.82 million compared to 2.17 million for the same period last year. The ratio for domestic settlement transactions was 68 percent stock exchange transactions compared to 32 percent OTC transactions.

The value of assets held under custody on behalf of customers rose to EUR 8.6 trillion, a 16 percent rise from September 2004 when it stood at EUR 7.4 trillion.

Growth was also strong within the Global Securities Financing services business with monthly average outstandings reaching EUR 199.0 billion. The combined services, which includes tripartite repo, securities lending and collateral management, collectively experienced a rise of 47.4 percent from the same month last year (September 2004: EUR 135.0 billion)

Vestima+, the investment funds service, also broke records with the Vestima+highest number of investment funds related instructions ever processed at 230,410, a 85.4 percent rise in the year since September 2004 (124,283).