Nasdaq has decided to expand the current SEK repo clearing service with the addition of Overnight Repos. A new Series Term (O/N) will be listed for all securities currently eligible for repo clearing in SEK at Nasdaq; Swedish Municipal bonds, Swedish Government bonds, Swedish Mortgage bonds and Swedish T-bills.
Listing of new Series is planned for end of September and will be communicated in a separate exchange notice. Once listed, application for registration of Overnight Repos must be received by the Clearing House no later than 13:00 CET.
A selection of repo clearing series with the new series term have been made available in External Test 1 for member testing.
Section 3.38 and 3.41 of the Clearing Rules has been changed and can be found at:
For more information, please find attached file.
Best regards
Nasdaq Nordic Fixed Income, Nasdaq Stockholm
