The specificity of ␦ ribozyme cleavage was investigated using a trans-acting antigenomic ␦ ribozyme. Under single turnover conditions, the wild type ribozyme cleaved the 11-mer ribonucleotide substrate with a rate constant of 0.34 min ؊1 , an apparent K m of 17.9 nM and an apparent second-order rate constant of 1.89 ؋ 10 7 min ؊1 M ؊1 . The substrate specificity of the ␦ ribozyme was thoroughly investigated using a collection of substrates that varied in either the length or the nucleotide sequence of their P1 stems. We observed that not only is the base pairing of the substrate and the ribozyme important to cleavage activity, but also both the identity and the combination of the nucleotide sequence in the substrates are essential for cleavage activity. We show that the nucleotides in the middle of the P1 stem are essential for substrate binding and subsequent steps in the cleavage pathway. The introduction of any mismatches at these positions resulted in a complete lack of cleavage by the wild type ribozyme. Our findings suggest that factors more complex than simple base pairing interactions, such as tertiary structure interactions, could play an important role in the substrate specificity of ␦ ribozyme cleavage.␦ ribozymes derived from the genome of hepatitis ␦ virus (HDV) 1 are metalloenzymes. Like other catalytically active ribozymes, namely hammerhead and hairpin ribozymes, the ␦ ribozymes cleave a phosphodiester bond of their RNA substrates and give rise to reaction products containing a 5Ј-hydroxyl and a 2Ј,3Ј-cyclic phosphate termini. Two forms of ␦ ribozymes, namely genomic and antigenomic, were derived and referred to by the polarity of the HDV genome from which the ribozyme was generated. Both ␦ ribozyme forms exhibit selfcleavage activity, and it has been suggested that they are involved in the process of viral replication (1). This type of activity has been described as cis-acting ␦ ribozymes (2).Like other ribozymes, ␦ ribozymes have a potential application in gene therapy in which an engineered ribozyme is directed to inhibit gene expression by targeting a specific mRNA molecule. It has been demonstrated that a very low concentration (Ͻ0.1 mM) of Ca 2ϩ and Mg 2ϩ is required for ␦ ribozyme cleavage (3). ␦ ribozymes have a unique characteristic in their substrate binding, namely that only the 3Ј-portion of the substrate is required for binding to the ribozyme. A short stretch of nucleotides (7 nt) located on the substrate is required for cleavage. Although one might suspect the specificity of ␦ ribozyme cleavages due to their short recognition site, we view this characteristic of the ␦ ribozyme as an advantage for the future development of a therapeutic means of controlling, for example, a viral infection.Since little is known about the kinetic properties of ␦ ribozymes, study of the trans-acting system will enable us to answer some basic questions on both the structure required and the kinetic properties, including the substrate specificity, of ␦ ribozymes. Depending on the predicted secondary st...