Clearstream link-up aims to boost foreign investment in Formosa

/alsomitravine - Fotolia

Foreign investors are expected to become more active in the Formosa bond market following the formation of a direct settlement link between Taiwan’s Central Securities Depository (TDCC) and Clearstream. The move follows a move follows TDCC ‘s partnership between with Euroclear and Citibank earlier this month to give international investors direct access to Formosa bonds via their existing clearing accounts.