Yield payment and redemption
ConfirmationThe issuer chooses an account bank for the yield payment and redemption payment. The issuer, its agent or the account bank sends the confirmation of yield payment and redemption 1 week before the payment date at the latest. If the yield is determined at a later time, 3 registration days before the payment date at the latest.
Please see the form from the right side of this page.
Payment date -1
The issuer shall be responsible that the account bank confirms to Euroclear Finland at 3.00 p.m. at the latest on the banking day before the payment date (recod date) that the payment can be executed.
The account operators will create the payment transactions and create the payment data.
Payment date
We will notify the issuer, its agent or the paying agent the cash required by each account operator by 9.00 a.m. The issuer, its agent or the paying agent pay the cash to the account operators by 10.00 a.m.
The yield and redemption shall be available on the invertor’s bank accounts during the payment date.
Taxes
The account operators shall pay taxes on the 12th day of the following month.
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New Affiliations
Email:New Affiliations
Phone: +358 (0)20 770 6292
Debt & Structured products
Phone: +358 (0)20 770 6642
lainat@euroclear.eu
