We support issuers in all matters regarding their securities certificates.

We support issuers in all matters regarding their securities certificates.

Situation:

You act as an issuer and would like to issue a securities certificate.

Our scope of services:

We provide assistance from the issuing of a securities certificate to its derecognition, including its custody and administration.

The costs:

As a CSD we keep our costs transparent. Therefore, all costs are listed in our price list:

Annex 3 Fees, section 6

Your way to us:

We are glad to help you find the most suitable way towards your solution. Please contact us!
 

Annex 5 Provision Customer Master Data

Form to Annex 5 Provision Customer Master Data

Read more about the issuer duties we can perform on your behalf:

We support you, as the issuer, in the issue of your securities certificate.

We provide you with helpful information on

  • the issue of individual securities certificates or of temporary and permanent Global Certificates.
  • the adjustment of securities certificates that are changeable and adjustments in the process of capital increases or decreases, splits or name changes.

In addition, you can ask us about the possibilities to withdraw individual certificates and the types of custody available.

We can provide sample documents, which gives you as an issuer - or the service provider you have authorised to carry out the issue on your behalf - a cost-effective and CSD-compliant way to issue securities certificates.

Securities Information:

We publish securities information online, which makes it easy for you as an issuer to exchange information with securities account holders of OeKB CSD. This involves the information about securities submitted by issuers to OeKB CSD. This tool also provides updated information on issues, such as public takeover offers or when a minimum acceptance threshold has been reached.

All securities account holders of OeKB CSD have access to these data when they are logged in.
 

My OeKB CSD portal for clients

Via Login Portal of OeKB Group

Our scope of services in detail:

OeKB CSD is required to ask the issuer to nominate a paying agent, which is a credit institution with its registered office in the EEA or in Switzerland. Paying agents hold a Dedicated Cash Account (DCA), which is a prerequisite for participating in the European T2S system and where payments in Euro are settled. For payments in other currencies, the paying agent also holds a corresponding cash account with OeKB CSD.

The paying agent is the only agent authorised by the issuer to execute payments

  • for a securities category
  • as ordered
  • in its name and
  • for its account

and to provide the required information about the custody and administration of this securities category to OeKB CSD.

If you as an issuer appoint a paying agent, the paying agent will note this in writing on the securities certificate (by the paying agent’s signature). This is also considered as the paying agent's confirmation to accept this function.

You can always change the paying agent. OeKB CSD notes each change on the securities certificate, which becomes effective upon the paying agent’s confirmation in writing.

The original paying agent remains the appointed agent until the change becomes effective.

OeKB CSD is required to ask the issuer to nominate a securities inspector.

The securities inspector is a credit institution with its registered office in an EEA member state or an OECD member state that has a valid contract with OeKB CSD on the validation and on the issuance of confirmations when securities are taken in custody in accordance with the present GTC (Authenticity). We will be glad to provide a list of current securities inspectors.

Authenticity indicates whether the deposited document

  1. corresponds with the will of the issuer
  2. has been properly created and can be that kind of security that is named on the document and
  3. has been duly signed on behalf of the issuer.

The securities inspector checks whether the prerequisites for authenticity (items 1 to 3) are met. Signing the securities certificate effectively will confirm this authenticity = Confirmation of Authenticity.

In your capacity as an issuer you are entitled to choose the securities inspector from a list of securities inspectors who have a contractual relationship with OeKB CSD. It has proven useful to put the functions of paying agent and securities inspector in the same hands.

We will be glad to support you in the deposit of your securities certificate.

Usually, in the context of a securities issue the securities certificate is deposited with OeKB CSD.

Before it can be actually deposited, the first step for you as the issuer or for your chosen paying agent is to submit the securities certificate in the online client (Settlement Client) of OeKB CSD.

You will find further information about how to submit master data in the section Transaction Type Physical.

Transaction Type Physical

In the next step the securities certificate is physically deposited in the vault of OeKB CSD. 

The vault of OeKB CSD is located at our premises in Vienna, Am Hof 4.

Where to find us

"Digital Transfer of Global Certificates":

To simplify and shorten the deposit process of certificates, options and certain types of bearer bonds, OeKB CSD offers its clients the service “Digital Transfer of Global Certificates”.

The issuer is enabled to transfer securities conditions and basis data for the issue of the global certificate electronically via Secure File Transport Protocol (SFTP) or web service to OeKB CSD.

Due to legal reasons the issue of the physical global certificates will be proceeded, according to separate agreements, by OeKB CSD on behalf of the issuer.

We validate each and every securities certificate deposited in the vault and the related terms and conditions according to carefully selected criteria (authenticity).

Authenticity indicates whether the deposited document

  1. corresponds with the will of the issuer
  2. has been properly created and can be that kind of security that is named on the document and
  3. has been duly signed on behalf of the issuer.

We will match the securities certificate data against the master data previously entered into the OeKB CSD online client (Settlement Client).

Our scope of services in detail:

As soon as we have validated its authenticity and the result of the risk assessment according to Annex 33 is positive we accept the security for custody and administration in the vault of OeKB CSD. At the same time we credit the value represented by the certificate to the specified securities account. This is the prerequisite for the electronic settlement of securities transactions.

Securities issued as a changeable Global Certificate can be adjusted by submitting an order (= increase or decrease instruction) via the online client (Settlement Client) of OeKB CSD.

We support you in the withdrawal of a securities certificate. Withdrawals are instructed by the securities account holder of OeKB CSD.

The withdrawal is first submitted via the online client (Settlement Client) of OeKB CSD (= withdrawal instruction). This instruction automatically generates the Counterfoil for Receipt. The securities can only be handed over against presentation of a duly signed Counterfoil for Receipt.

It is important to generate a separate Counterfoil for Receipt for each securities category.

Some securities categories are unavailable for withdrawal from the OeKB CSD vault.

We are publishing the MERCUR gazette on behalf of the Ministry of Justice. MERCUR is Austria's gazette where called securities and similar certificates pursuant to the Invalidation Act (Kraftloserklärungsgesetz; KEG) are published.

Publications made in MERCUR contain the following information:

  • Securities and documents the loss of which needs to be published and the array of which must be announced according to the Invalidation Act (Federal Law Gazette no. 86/1951)
  • Securities and documents the loss of which have been recorded with opposition (notice of loss, blocking notices)
  • The calendar of maturities of securities issues of Austrian issuers, which are listed on the Vienna Stock Exchange or are declared by OeKB CSD to be suitable for Collective Clearing Custody.

MERCUR Subscription:

All called Austrian securities are published in MERCUR. The gazette is usually subscribed by security account holders who want to make sure that in their securities trading they do not purchase any called securities.

We offer an annual subscription to the electronic edition of MERCUR. Please find further information about subscription fees in our price list.

You would like to subscribe to the MERCUR gazette?
Please contact us!

Physical Deposit Service Center
T +43 1 53127-2090
F +43 1 53127-4090
wertpapierlieferung@oekb-csd.at

Any questions? Please contact us!

Physical Deposit Service Center
T +43 1 53127-2090
F +43 1 53127-4090
wertpapierlieferung@oekb-csd.at