Central Securities Depositories
KDD Central Securities Clearing Corp.
T+3 for Equities
T+2 for Debt instruments
KDD - Central Securities Clearing Corp. is set to migrate to T2S in the fourth wave, scheduled for 6 February 2017.
KDD 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 2
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.