Upcoming sequence of non-working days – invoicing and settlement

Dear IBEX Members,

Hereby, wе would like to inform you that May 2nd and May 6th are non-working days in Bulgaria. With regard to the longer sequence of non-working days we would like to remind you that pursuant to art. 231 of the Power exchange operational rules the available collateral of trading participants intending to make purchases at positive prices and/or sales at negative prices has to be higher than the total liability to the operator, and the available collateral shall be equal or higher than the net incurred liability to the operator at any time. Accordingly, we appeal that you take timely action in case updating of collateral and/or a prepayment is needed. 

In the table below you could find the invoicing and payment schedule.