This is to inform you about an amendment to the Clearing Rules of Nasdaq Commodities, Appendix 10 - Collateral List, effective November 12, 2018.
For updated Appendix 10, Collateral list, please see upcoming changes to rules here.
The following update has been made:
- Updates of haircuts:
| Government Bonds & Bills | Current value after haircut | New value after haircut | Change |
| Austrian 0-5Y | 97,0% | 96,5% | -0,5% |
| Austrian 10-20Y | 90,5% | 91,0% | 0,5% |
| Austrian 20-30Y | 85,0% | 85,5% | 0,5% |
| Austrian >30Y | 84,5% | 70,0% | -14,5% |
| Dutch 5-10Y | 96,5% | 96,0% | -0,5% |
| French 5-10Y | 94,0% | 93,5% | -0,5% |
| French 20-30Y | 86,5% | 84,5% | -2,0% |
| German 0-5Y | 96,0% | 97,0% | 1,0% |
| German 10-20Y | 93,0% | 93,5% | 0,5% |
| German 20-30Y | 90,0% | 89,0% | -1,0% |
| German >30Y | 88,5% | 70,0% | -18,5% |
| British 5-10Y | 93,5% | 94,0% | 0,5% |
| British 10-20Y | 87,0% | 87,5% | 0,5% |
| British 20-30Y | 81,0% | 81,5% | 0,5% |
| Covered Bonds | Current value after haircut | New value after haircut | Change |
| 5-10Y | 87,0% | 88,5% | 1,5% |
| 10-20Y | 87,0% | 88,0% | 1,0% |
| 20-30Y | 85,5% | 87,0% | 1,5% |
| Share | Current value after haircut | New value after haircut | Change |
| ALFA | 69% | 70% | 1% |
| ALIV | 73% | 67% | -6% |
| ATCO A | 71% | 70% | -1% |
| ATCO B | 71% | 68% | -3% |
| ERIC B | 62% | 63% | 1% |
| ESSITY B | 73% | 75% | 2% |
| SKF B | 71% | 73% | 2% |
2. New eligible collateral:
| Share | Value after haircut |
| HEXA B | 62% |
For further information, please contact:
Clearing Risk Management, telephone +47 6710 8426, or clearing.risk@nasdaq.com
Media contact:
David Augustsson, Coporate Communications, phone +46 734496135 david.augustsson@nasdaq.com
About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to over 4,000 total listings with a market value of approximately $15 trillion.
To learn more, visit business.nasdaq.com.
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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