CME Clearing is pleased to announce the acceptance of US Treasury Floating Rate Notes (FRNs) for Performance Bond and Guaranty Fund requirements. The US Treasury announced that starting January 2014 it will start auctioning Floating Rate Notes. FRNs will be acceptable under the CME Clearing acceptable collateral policy. FRNs will be treated like the US Treasury Note under category 1 assets.
For any questions, please contact the Risk Management department at 312-648-3888 or the Financial Management group at 312-207-2594.