Book-Entry Transfer (by DVP)

Illustration of flow about book-entry transfer by DVP. After the trade, the delivering trade party and the receiving trade party conduct the affirmation of trade in JASDEC’s Pre-Settlement Matching System (PSMS). After that, PSMS sends the Notice of Settlement Matching Status and the Notice of Settlement Status at the time of waiting fund settlement. Through the PSMS’s linkage to the book-entry transfer system for corporate bonds, JASDEC sends the payment instruction to the Bank of Japan. The Fund Settlement Company of the receiving trading party receives the payment request from the Bank of Japan and sends the payment instruction to the Bank of Japan. After the payment, JASDEC receives the Notice of Receipt Completion from the Bank of Japan and conducts the book-entry transfer of securities. Then, JASDEC sends the Notice of Transfer Completion to the settlement parties.

For enquiries about the Book-Entry Transfer System for Corporate Bonds, please contact:

General Enquiries about the Book-Entry Transfer System for Corporate Bonds

+81-3-3661-7193

Outline of the Book-Entry Transfer System for Corporate Bonds

Outline

Procedures of the Book-Entry Transfer System for Corporate Bonds

Procedures

Regulations and Fees of the Book-Entry Transfer System for Corporate Bonds

Regulations and Fees

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