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07 Sep 2008
  
 
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Market Infrastructure >> Registries, Clearing and Settlement

Registries, Clearing and Settlement

As both depository and registrar, the Bank of Thailand (BOT) is responsible for the settlement of government bonds. In 2001, BOT's Real Time Gross Settlement (RTGS) system - BAHTNET - was re-structured to incorporate delivery versus payment (DVP) facilities on all government securities. Most corporate bonds are cleared and settled at a Stock Exchange of Thailand subsidiary - the Thailand Securities Depository Co Ltd (TSD).

Settlement convention is T+2 but can be varied by bilateral agreement.

  
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