National Bank of Belgium Securities Settlement System

The National Bank of Belgium Securities Settlement System or NBB-SSS is one of three central securities depositories (CSDs) in Belgium, together with Euroclear Bank and Euroclear Belgium. The main CSD for Belgian government securities, it is owned and operated by the National Bank of Belgium.

NBB-SSS is one of three remaining central-bank-operated CSDs in the European Exchange Rate Mechanism that are mainly aimed at deposits of government securities, together with the Bulgarian National Bank Government Securities Settlement System (BNBGSSS) and the Bank of Greece Securities Settlement System (BOGS). Other euro-area countries had similar systems in the past but have phased them out, e.g. France in 1995,: 283  Finland in 1996, Italy in 2000, and Spain in 2003.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.