Table T.VI.A Business days
Deviations of national business days from TARGET business days
for treasury bills and bonds
interest and
Payment of
Issuance of
settlement
settlement
exchanges
Securities
new debt
system
system
capital
Stock
Cash
EU 27 countries
Conventions Deviations from TARGET: no yes : not applicable
EURO AREA
Austria no no no no yes
Belgium no no no no no
Cyprus no no no no no
Estonia : : : : :
Finland no no yes yes yes
France no no yes no no
Germany no no no no not applicable
Greece yes yes yes yes yes
Ireland yes yes yes yes yes
Italy no no yes no no
Luxembourg no no no no no
Malta no no no no yes
Netherlands no no no no no
Portugal no no no no no
Slovakia yes yes yes yes yes
Slovenia yes yes yes yes yes
Spain no no no no no
NON-EURO AREA
Bulgaria yes yes yes yes yes
Czech Republic yes yes yes yes yes
Denmark yes yes yes yes yes
Hungary yes yes yes yes yes
Latvia yes yes yes yes yes
Lithuania yes yes yes yes yes
Poland yes yes yes yes yes
Romania yes yes yes yes yes
Sweden yes yes yes yes yes
United Kingdom yes yes yes yes yes
Source: Responses from members of the EFC Sub-Committee on EU Government Bonds and Bills Markets (2011)