TARGET2-Securities offers European central securities depositaries (CSD) and CSDs’ participants centralized settlement of securities transactions on a delivery-versus-payment (DvP) basis in central bank money.
In 2019, the average daily volume settled in TARGET2-Securities amounted to 607 thousand transactions with the average daily value of 1.1 trillion euro.
Latvijas Banka ensures settlement of the cash leg of TARGET2-Latvia participants’ securities transactions settling in TARGET2-Securities in euro.