Market Link Guide - International (CBL)
Key features
| Key services offered | Remarks | |
| Settlement free of and against payment | Yes | Eligible settlement currency: all CBL eligible currencies. Against payment settlement is available for internal and Bridge instructions only. |
| Bridge settlement | Yes | Certain currency restrictions may apply (see Eligible Currencies). |
| Back-to-back processing | No | |
| Lending and borrowing | Yes | Debt securities only |
| Form of securities | Settlement method |
| Book-entry | Settlement can be performed at ICSD, CSD, custodian bank or transfer agent level. |
| Classical Global Note (CGN) | Deposit and primary market settlement is performed via the common depositories appointed jointly by the ICSDs. |
| New Global Note (NGN) (applicable to international debt instruments in bearer form only) | Deposit is performed via the common safekeepers (CSKs) appointed jointly by the ICSDs. Primary market settlement is performed via the common service providers (CSPs) appointed jointly the ICSDs. |
| Physical | Receipt and delivery of physical certificates can be performed at ICSD, CSD, custodian bank or transfer agent level. |