Treasury BondSpot Poland (TBSP) Market Trading and Settlement Practices have been changed by the Management Board of BondSpot S.A.

Consolidated version of TBSP Market Trading and Settlement Practices has been published on BondSpot S.A. website: www.bondspot.pl/TBSPoland_regulations_en

The above mentioned changes will come into force as of August 29, 2022. The changes are not new and they are related to implementation of the CCP mechanism on MMF market (repo classic).

The main changes concern:

PR03 - Procedure for confirmation by settlement agents of the terms of settlement of transactions (BSB/SBB) concluded on the repo market by Treasury BondSpot Poland market participants – procedure limited to BSB/SBB;

PR05 - Format of SWIFT settlement messages for the repo market (applies to BSB/SBB) – procedure limited to BSB/SBB. Moreover there is small change in field 22F.

PR06 - Schedule of transmission of settlement instructions to Clearing Institutions and Settlement Institutions – market trading hour update for MMF market and adding separate schedules for repo classic.

For questions or assistance, please contact:
Markets Monitoring Bureau
Tel: +48 22 537 74 28
E-mail: BNR@bondspot.pl