AnnounceDirect will launch on November 6, 2026 — introducing a new, standardized approach for submitting Corporate Action redemption announcements.
At go-live, AnnounceDirect will support the following mandatory redemption event types:
- Full calls
- Partial calls
- Final paydowns
- Default final payments
- Full pre-refundings
These event types will transition to a standardized submission model, supported by the new Redemption Cash Events Template and AnnounceDirect workflows.
In conjunction with the launch of AnnounceDirect on November 6, 2026, all agents will begin using the new Redemption Cash Events Template xlsx file for bulk announcement submissions. This fully replaces the existing REDCAL Lite – Debt and REDCAL Lite Equity xlsx templates for all agents.
Designed to support expanded functionality and alignment with AnnounceDirect capabilities, this new template consolidates the REDCAL Lite – Debt and REDCAL Lite – Equity xlsx files, providing agents with a more consistent and simplified approach to submitting redemption cash event notifications. The Redemption Cash Events Template and Agent Reference Guide can be found in the Essentials column on the right.
While we highly encourage agents to begin using the new Redemption Cash Events Template on November 6, 2026, we recognize firms may need time to adopt. To allow time to transition, DTC will continue to accept the existing "REDCAL Lite - Debt" and "REDCAL Lite - Equity" templates until July 1, 2027.