The Snake Keeper Blog

a withholding tax (payable by the issuer in the event of distribution, under a given tax treaty, etc.) the organisation of a central clearing system (Clearstream and Euroclear); and as long as the certificates are listed on the Luxembourg Stock Exchange and the rules of the Luxembourg Stock Exchange so require, the depositor undertakes to request the Luxembourg paying agency to publish all notifications to certificate holders in a daily newspaper generalised in Luxembourg. The calculating agent shall inform all parties concerned, provide detailed information on the calculation of interest due on fixed-income bonds or on the basis of the formula for variable-rate or variable-rate securities or the yield on asset-backed securities. . . .