Harmonisation of French debt denomination

Update UNT/FMT migration rehearsal - External User Acceptance (EUA)

LCH.Clearnet reminds clients that the harmonisation of French debt denomination go live and extension of the accrued coupon to 7 decimals will take place in production on Monday 24 October 2011.

In this context LCH.Clearnet and partners have successfully performed a second launch rehearsal on the External User Acceptance platform on Friday 17 June 2011:

• The second UNT/FMT migration rehearsal was open to all our clients and included partners;

• The implementation covered as well the extension of the accrued coupons from 3 to 7 decimals.

LCH.Clearnet has agreed with partners to roll back the External User Acceptance clearing platform from FMT to UNT on Monday 29 August 2011, in the context of the next migration rehearsal.

• As a consequence of the roll-back, all positions will be purged from the EUA clearing platform and the platform will not be available on Monday 29 August 2011. The operation concerns the migration from FMT to UNT, as the accrued coupons extension to 7 decimals will remain available on the External User Acceptance platform.

• On Friday 23 September 2011, after the trading session, the third and the last migration rehearsal for the French debt denomination project will be carried out. Further details about this migration rehearsal will be provided in a separate Info Flash to be sent early September.

We strongly advise clients with activity on the French debt to take part to this last migration rehearsal.

Client support during the migration and related test preparations will be provided by your Product implementation Manager:

For further information, please contact:

Your LCH.Clearnet SA Product Implementation manager:

Jean-Bertrand Lesparre: +33 (0) 1 70 37 66 46 – [email protected]
or
your account manager.

Customer and Market Management LCH.Clearnet SA

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