VOLUME 23 – BULLETIN #116
TO:
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ALL CLEARING MEMBERS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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July 31, 2003
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SUBJECT:
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Margin Updates
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The following margin rate changes will become effective with the mid-day calculation on Friday, August 1, 2003:
Product
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From
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To
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U.S. Treasury Bond
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$1,800
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$2,250
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10 Yr. Treasury Note
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$1,100
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$1,350
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5 Yr. Treasury Note
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$750
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$850
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10 Yr. Interest Rate Swap
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$1,400
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$1,700
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10 Yr. Agency Notes
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$1,100
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$1,500
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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