Market practices in Ireland

Ireland
Name of National Central Bank Central Bank of Ireland
Phone number of the CCBM unit + 353-1-2246152
+ 353-1-2246107
+ 353-1-2246122
Fax number of the CCBM unit + 35 31 67 70 818
email collateralmanagement@centralbank.ie
Foreign counterparties’ contact for credit claim related issues Tel: + 353-1-2246347 or + 353-1-2246386
eligibleassets@centralbank.ie
Publications describing local legal and operational procedures eligibleassets@centralbank.ie

Legal and Procedural Aspects
Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable) Documentation on Monetary Policy Instruments and Procedures incorporating the Master Repurchase Agreement
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable) n.a.

Technical Aspects Euroclear NTMA Central Bank of Ireland
Type of eligible assets held Irish Government bonds Irish Treasury note and bills Non-marketable assets
Opening hours 08:30 – 18:30 (CET) 09:00 – 17:00 (CET) 09:00 – 16:00 (CET)
Number of settlement cycles per day (please indicate cut-off for inputting instructions for each cycle) (i) Real-time settlement – cut-off time 17:30 (CET) (ii) Batch settlement - 19:45 (CET) Real-time settlement - cut off time 17:00 (CET) n.a.
BIC of SSS(s) MGTCBEBEECL NTMAIE2D IRCEIE2DCCB
Account of NCB in the SSS 22827 Central Bank of Ireland n.a.
HCB's sub accounts in the SSS (where applicable) n.a. n.a. n.a.
Matching requirements All instructions to Euroclear must be matched. Instructions for same-day settlement must include a daylight indicator. - n.a.
Matching/Settlement details
  • Trade date
  • Settlement date
  • ISIN
  • Amount
  • Daylight indicator (if applicable)
  • BIC code of counterparty
  • Account number
  • Deliverer of securities
  • Clearing correspondent
Further information may be obtained by consulting the Euroclear website
  n.a.
Homepage of SSS www.euroclear.com www.NTMA.ie www.centralbank.ie