Eurobond corporate actions notifications

Looking for an efficient way to manage corporate actions data?

Managing risks on your portfolio, identifying cash flow changes or keeping track of your position records are critical activities that require top quality data. Corporate actions fuel such activities and must be thoroughly monitored to avoid adverse impacts.

Corporate actions have become increasingly complex to harness, and we are here to ensure that you only receive data that are accurate and complete.

Eurobond Corporate Actions Service - what is it?

Our Eurobond Corporate Actions Service delivers any upcoming corporate action or changes throughout the day - formatted in line with the industry guideline.

You will receive the same data we use to book billions of euros worth of payments in the client accounts daily. As the primary Central Securities Depository and national numbering agency allocating new XS ISINs, Euroclear Bank has a dedicated team of corporate actions experts who work closely with issuers and agents. They clarify for you any ambiguities and ensure completeness and accuracy of information.

Key advantages

Data quality

High quality data are sourced directly from Euroclear Bank, the primary Central Securities Depository for Eurobonds.

Timeliness

Notifications of new corporate actions and updates are made available throughout the day.

Full coverage

We notify you of all possible corporate actions occurring on Eurobonds.

Operational support

Rely on the expertise of our Corporate Action Operations team for operational support.

Automation

You can streamline the corporate action notification flow based on the ISO 15022 standards. As a long term member of the Securities Market Practice Group, we follow the industry guideline for corporate actions data processing.

Do you have the right set of data?

Here are a few questions to consider:

What is the cost of processing incorrect corporate actions data?
How crucial is it to receive the timely corporate actions information
What are commercial implications of the delay in processing corporate actions data?
How do I get informed about corporate actions on the securities in my portfolio?
How is the corporate actions feed integrated into my systems?

How it works

The Eurobonds Corporate Actions Service covers all the possible event types applicable to Eurobonds - including, but not limited to:

Exchange Offer and Purchase offer
Bond Holder Meeting and Consent Solicitation
Credit Events and Bankruptcy
Conversion
Put Redemption
Early, Partial or Final Redemption
Interest Payment

Timing and frequency

Notifications are sent to you 10 times a day from 06:30 to 21:45 CET.

Delivery and format

The Eurobond Corporate Actions Service provides reporting in ISO 15022 formats. It is delivered as a .txt file in a push mode via MFT.

For more information

Contact your Relationship Manager

Email us at eis@euroclear.com

Visit www.euroclear.com/eis

Who are we

Euroclear is a leading market infrastructure.

As the preeminent post-trade provider for the international securities business, we provide highly reliable reference data, timely and accurate corporate actions information and meaningful data intelligence on market liquidity. The same data is used in our core Custody and Settlement business.

Our broad view of the market enables our customers to make informed and proprietary decisions based on high-grade, detailed and timely post-trade information, drawing on a large pool of data to achieve outcomes that no one firm could achieve alone.

The Euroclear group is made up of Euroclear Bank, Euroclear Belgium, Euroclear France, Euroclear Nederland, Euroclear Finland, Euroclear Sweden and Euroclear UK & Ireland.