Thursday February 12 2015

News Source: Global Exchanges

Focus: Other

Type: General




Euroclear, the Brussels based international central securities depository, and Peru’s Ministry of Economy and Finance have signed a memorandum of understanding committing to cooperate in the development of a new ‘international link’ for Peru. Once implemented, the international link (i-link) will allow domestic Peruvian issuers to efficiently tap into the international liquidity pool provided by Euroclear’s global investor client base. The agreement also allows Peruvian investors to trade with international counterparties.

Euroclear’s i-link will align Peru’s capital market with established international standards while bearing the hallmark of a resilient and robust post-trade infrastructure. The planned development will provide domestic and international investors a single channel to access Peru’s capital market which will result in improved efficiency and a reduction in associated costs. Euroclear’s i-link with Peru is expected to go live before the end of 2015.

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