The value of assets held under custody on behalf of customers rose to EUR 8.5 trillion, a 13 percent rise from October 2004 when it stood at EUR 7.5 trillion. Securities held under custody in Clearstream's international business experienced a rise of 18.0 percent from 3.25 trillion to 3.8 trillion. On the domestic German business, securities held under custody rose by 9.9 percent from 4.25 trillion to 4.7 trillion.
Growth was also strong within the Global Securities Financing services business with monthly average outstandings reaching a historical high at EUR 207.1 billion. The combined services, which includes tripartite repo, securities lending and collateral management, collectively experienced a rise of 50.3 percent from the same month last year (October 2004: EUR 137.8 billion).
Vestima+, the investment funds service, also reached record level with 236,402 transactions processed, a 78.6 percent rise in the year over October 2004 (132,332).