17.12.2014 19:33
Haircut Changes for Collateral in USD and Euros in the Derivatives Market
Haircut rate imposed on USD and Euro collateral in the Derivatives market is changed:
| Eligible Currency | Current Haircut | Previous haircut |
|---|---|---|
| USD | IM* | 1.75 IM* |
| EUR | IM** | 1.75 IM** |
* IM — basic volume of the Initial Margin for the nearby USD/RUB FX futures contract, %.
** IM — basic volume of the Initial Margin for the nearby EUR/RUB FX futures contract, %.
The changes come into force starting from the evening clearing session, December 17, 2014.
Please see further details about accepting foreign currency as collateral.
For further information, please contact the Public Relations Department at (495) 363-3232.