Market practices in The Netherlands
The Netherlands
Name of National Central Bank | De Nederlandsche Bank – Central Bank of the Netherlands |
Collateral management helpdesk | collateral_management@dnb.nl |
Phone number of the CCBM unit | + 31 20 524 2475 |
Fax number of the CCBM unit | + 31 20 524 3900 |
collateral_management@dnb.nl | |
Foreign counterparties’ contact for credit claim related issues | collateral_management@dnb.nl |
Publications describing local legal and operational procedures | www.dnb.nl
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Legal and procedural aspects
Procedural aspects governing a repurchase agreement with the NCB and legal documentation used (if applicable) | As HCB:
As CCB: n.a. |
Procedural aspects governing a pledge towards the NCB and legal documentation used (if applicable) | As HCB:
As CCB: n.a. |
Specific procedures governing non-marketable assets | As HCB:
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Technical Aspects | Euroclear Nederlande | De Nederlandsche Bank |
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Type of eligible assets held | All marketable assets | Credit claims |
Opening hours | 7.00 a.m.–5.00 p.m. (free-of-payment settlement) | 9.00 a.m. –5.00 p.m. |
Number of settlement cycles per day | Real-time | Manual procedure |
BIC of SSS(s) | NECINL2A | FLORNL2A |
Account of NCB in the SSS | 000000020100 (from 19.01.2009) | n.a. |
HCB's sub accounts in the SSS (where applicable) | n.a. | n.a. |
Matching requirements | Yes | - |
Matching/Settlement details | See below | - |
Special Operating Procedures | Account reference of respective National Central Bank in the books of De Nederlandsche Bank. (required for beneficiary matching in Euroclear Nederland in case of mobilisation transactions)
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Homepage of SSS | www.euroclear.com | www.dnb.nl |