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VOLUME 21 - BULLETIN #131
TO:
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ALL CLEARING MEMBERS
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FROM:
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BUSINESS SYSTEMS GROUP
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DATE:
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June 14, 2001
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SUBJECT:
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Margin Updates
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The Board of Trade Clearing Corporation has authorized the following margin changes effective with the mid-day margin calculation on Friday, June 15, 2001:
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CBOT Margin Rates
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From
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To
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30 Day Fed Funds
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$500
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$300
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From
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To
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CBOT Inter-Commodity Spread Credit Rates
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Spread Savings %
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Spread Savings %
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U.S. Treasury Bonds vs. Mortgage Backed (1:3)
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50%
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75%
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10 Yr. Treasury Notes vs. Mortgage Backed (1:2)
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50%
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80%
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5 Yr. Treasury Notes vs. Mortgage Backed (1:1)
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50%
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80%
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Long Term Agencies vs. Mortgage Backed (1:2)
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50%
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80%
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Medium Term Agencies vs. Mortgage Backed (1:1)
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50%
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80%
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Should you have any questions, please call or e-mail one of the following Business Systems Analysts:
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