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or the Paying Agent will have any responsibility for the performance by Euroclear, Clearstream or their participants or
indirect participants of their respective obligations under the rules and procedures governing their operations.
Initial settlement
Initial settlement for the Notes will be made in US Dollars. Book-Entry Interests owned through Euroclear or
Clearstream accounts will follow the settlement procedures applicable to conventional bonds in registered form.
Book-Entry Interests will be credited to the securities custody accounts of Euroclear and Clearstream holders on the
business day following the settlement date against payment for value of the settlement date.
Secondary market trading
The Book-Entry Interests will trade through participants of Euroclear and Clearstream and will settle in same day funds.
Since the purchase determines the place of delivery, it is important to establish at the time of trading of any Book-Entry
Interests where both the purchaser’s and the seller’s accounts are located to ensure that settlement can be made on the
desired value date.
