• Change in Interest Rate on Guaranty Fund USD Cash Balances

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 17-139
      • Notice Date
      • 13 April 2017
      • Effective Date
      • 17 April 2017
    • Effective on April 17, 2017, CME Clearing will increase the interest rate paid on USD cash Guaranty Fund balances from the current rate of 37 basis points to 70 basis points per annum.

      The rate paid will be available daily on the following link and is subject to change, based on market conditions:
      http://www.cmegroup.com/clearing/financial-and-collateral-management/acceptable-collateral-for-cash.html 
      The monthly USD interest payment will continue to occur during the first week of the following month.

      For more information, please contact CME Clearing at 312-207-2594.

      For the full text of the advisory, click here

      17-139