• Prefunded Treasury Facility (PTF) Collateral Program

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers
      • From
      • CME Clearing
      • #
      • 18-086
      • Notice Date
      • 04 April 2018
      • Effective Date
      • 04 April 2018
    • CME Clearing is expanding its collateral acceptance program to include the Prefunded Treasury Facility (PTF) program. The PTF program is a Letter of Credit issued by a bankruptcy-remote trust that is fully collateralized and secured by U.S. Treasury securities that are deposited into a custody account controlled by CME, whereby CME’s security interest is perfected by control.

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      18-086