Custody/clearing  
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LATVIA - Capital Market Infrastructure Summary

Central Securities Depository
Latvian Central Depository

BIS Model
Model 1: Same-day settlements
Model 3: All other exchange transactions

Settlement Cycle
T+2

Comment
Latvian Central Depository acts as the CSD for Equities, ETFs, Government bonds, Corporate bonds, T-bills, Commercial paper, Investment funds, Rights and warrants.

Key terms defined in our glossary:

Central Securities Depository
BIS Model 1
BIS Model 3
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.