Within the Global Securities Financing services business, strong growth continued with the monthly average outstandings reaching EUR 184.5 billion. The combined services include tripartite repo, securities lending and collateral management and collectively experienced a rise of over 50.6 percent from the same month last year (March 2004: EUR 122.5 billion).
Clearstream's enhanced version of its investment funds service called Vestima+ showed further strong volume increases with the number of investment funds related instructions processed reaching 192,345 in March 2005, a rise of 26.7 percent from the same month last year (March 2004: 151,697). This rise is also reflected across the quarter with Q1 2005 total reaching 535,958. This represents an increase of 27.0 percent above Q1 2004 (421,787).