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Markets:Bonds and Repos
Products:Spanish government bonds
Date:17 November 2011

Spanish Debt: Target clearing service postponed

The go-live for the Target solution has been postponed until Q1 2012.

The implementation of the service requires a batch of operations at least two weeks prior to the go-live that are difficult to reverse.

Consequently, this leaves a short time frame available for Spanish regulators approval.

A new go-live date will be communicated once approval is granted by the Spanish regulators.

For further information, please contact:

Your LCH.Clearnet SA product implementation manager

Mykael Lemosle: +33 (0) 1 70 37 65 27

Or your account manager.

Michel Bokobza: +33 (0) 1 70 37 65 55

Mireille Van den Neucker: +32 (0) 2 274 55 10

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