An existing link between Deutsche Börse’s Clearstream ICSD and the central securities depository of Ukraine (NDU) will be expanded beyond government bonds to include also other instruments related to the reconstruction after Russia’s war destruction in the country.

Technically, the Clearstream international central securities depository will open an account with the National Bank of Ukraine, to connect to the country’s CSD (the National Depository of Ukraine, NDU). Such a link is in place for Ukrainian debt securities since 2019, lowering the threshold between the Ukrainian debt market and international investors, with Clearstream being “the only ICSD and global custodian providing access to the local UAH-denominated government bond market”.

The expansion of this link to include also “reconstruction-related instruments” serves to “support the Ukrainian capital market and the reconstruction of the country’s infrastructure and economy,” says Clearstream in a press release.