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This Article is From Jul 23, 2015

BSE Signs Collateral Agreement With Clearstream

BSE Signs Collateral Agreement With Clearstream
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Mumbai: Offshore investors in BSE Ltd will be allowed to post triple-A rated foreign sovereign bonds as collateral with Clearstream's clearing systems when trading, the two companies said in a joint statement on Thursday.

The agreement between BSE unit Indian Clearing Corp Ltd and Clearstream will comply with Indian regulations, the statement said.

Clearstream is a unit of Deutsche Borse Group, which owns 5 per cent of BSE Ltd.

© Thomson Reuters 2015

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