SIFMA Recommends Full Market Closes on April 29, May 3, May 4, May 5 and an Early Close on May 2 for Trading of US Dollar-Denominated Fixed-Income Securities in Japan in Observance of the Showa Day, Constitutional Day, Greenery Day, Children’s Day and UK Early May Bank Holidays, Respectively.
SIFMA has confirmed its previous recommendations for full market closes on Friday, April 29, Tuesday, May 3, Wednesday, May 4 and Thursday, May 5 and an early close at 3:00 p.m. JST on Monday, May 2 for the trading of US dollar-denominated fixed-income securities in Japan in observance of the Showa Day, Constitutional Day, Greenery Day, Children’s Day and UK Early May Bank Holidays, respectively.
These recommendations apply to trading of US dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary money market trading in bankers’ acceptances, commercial paper and Yankee and Euro certificates of deposit.
The early close will not affect the closing time for settlements.
SIFMA’s recommended early and full market closes are recommendations only; each member firm should decide for itself whether its fixed-income departments remain open for trading. All SIFMA recommendations are subject to change due to market conditions.
