Custody/clearing  
HSBC SECURITIES SERVICES    
 
 
LEBANON - Capital Market Infrastructure Summary

Central Securities Depositories
Midclear
Central Bank of Lebanon (CBL)

Settlement Cycle
T+3

Comment
Midclear maintains the central registration for all listed companies and operates settlement on a Delivery versus Payment (DVP) basis. Cash settlement takes place with the Central Bank of Lebanon (CBL). For government bonds, CBL acts as depository.


Key terms defined in our glossary:

Central Securities Depository
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.