Market practices in Luxembourg

Name of National Central Bank	Banque centrale du Luxembourg
Collateral management helpdesk	bo@bcl.lu
Phone number of the CCBM unit	+ 35 24 774 – ext 44 50 / 44 53 / 44 58
Fax number of the CCBM unit	+ 35 24 77 44 954
email	bo@bcl.lu
Foreign counterparties’ contact for credit claim related issues	Olivier HAWAY + 35 24 774 –ext 42 36 olivier.haway@bcl.lu Tanja WILTZIUS + 35 24 774 –ext 44 50 tanja.wiltzius@bcl.lu
Publications describing local legal and operational procedures	Condition générales des opérations de la BCL. These documents are available on BCL's website at www.bcl.lu

Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable)	BCL does not differentiate between pledges and repos from an operational point of view
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable)	BCL does not differentiate between pledges and repos from an operational point of view
Specific procedures governing non-marketable assets	Terms and conditions (direct link http://www.bcl.lu/fr/operations_bancaires/conditions/index.html)

Technical Aspects	Clearstream Banking S.A.	LuxCSD	Banque centrale du Luxembourg
Type of eligible assets held	Domestic bonds, eurobonds, commercial paper	All marketable assets issued in LuxCSD	Non-marketable assets
Opening hours	9:00 - 17:30 CET (for same day settlement)	9:00 - 17:30 CET (for same day settlement)	9:00 – 16:00 CET
Number of settlement cycles per day	Real time settlement	Real time settlement	n.a.
BIC of SSS(s)	CEDELULL	LUXCLULL	BCLXLULL
Account of NCB in the SSS	82801 (pledge/repo)	48052 (pledge/repo) 48030 (pledge/repo) only for ES-securities	n.a.
HCB's sub accounts in the SSS (where applicable)	n.a.	n.a.	n.a.
Matching requirements	Matching is required for all securities transactions	Matching is required for all securities transactions	Matching is required for all credit claims
Matching/Settlement details	ISIN code of the asset Amount of the asset Settlement date CBL account number Trade date if available on both sides (BCL and counterparty) Type of instruction	ISIN code of the asset Amount of the asset Settlement date LuxCSD account number Trade date if available on both sides (LuxCSD and counterparty) Type of instruction	Debtor id of the debtor Loan ID of the claim Nominal amount of the claim Settlement date Type of Instruction
Special Operating Procedures	-	-	-
Homepage of SSS	www.clearstream.com	www.luxcsd.com	www.bcl.lu

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