Records and Settlement
Harmonization of the Settlement Period T+2 in Secondary Markets across EU
As of 6 October 2014, all member states of the EFC Sub-Committee on EU Sovereign Debt Markets agreed to support a harmonized implementation of T+2 as standard settlement period in OTC Secondary Markets for transferable government securities. New standard settlement period was also discussed with the representatives of all Primary Dealers in Czech Government Securities at the Eight and Ninth Primary Dealer Committee Meeting held on 15 May and 15 September 2014. Commencing on 6 October 2014 all trades conducted via MTS CR and XETRA and also all OTC trades are settled in CSD Prague as a T+2.