NASDAQ OMX Derivatives Markets (NASDAQ OMX DM) is extending the list of financial instruments included in the list of eligible funds for the Default Fund and Loss Sharing Pool. The changes will come into force 1 April 2013.
The following financial instruments will be eligible funds in the Default Fund and Loss Sharing Pool:
- Bills and Fixed Rate Bonds issued by the governments of Sweden, Denmark, Finland, Norway, Germany, France, The Netherlands, Austria and The United Kingdom with an outstanding amount of 100 million SEK or equivalent in the issuance currency are accepted as Default Fund and Loss Sharing Pool collateral.
- Bonds and Bills should be unstructured with a specified maturity date and a minimum issuer rating of AA+ and/or Aa1.
- Bonds should be denominated in the local currency of the issuing country.
Default Fund Policy Paper - Appendix 5 – Eligible Funds (Default Fund and Loss Sharing Pool)
For further information concerning this exchange notice please contact Risk Management European Financial Products, telephone +46 8 405 70 88, or riskmanagement@nasdaqomx.com
NASDAQ OMX Derivatives Markets
Risk Management European Financial Products
Legal disclaimer: This Exchange Notice is provided only as notification to NASDAQ OMX Derivatives Markets participants and other contracting parties of NASDAQ OMX Derivatives Markets and is not intended for any other purposes. Prior to taking any action based on the above information, the Rules and Regulations of NASDAQ OMX Derivatives Markets (“Rules”) should be fully understood. NASDAQ OMX Derivatives Markets is not responsible for any misinterpretation of the information provided in this Exchange Notice. Subject to the Rules, NASDAQ OMX Derivatives Markets assumes no liability for the accuracy or completeness of the contained information or for any damages arising from actions taken on the basis of this Exchange Notice.
