Collateral Types Accepted for Futures, Options, Forwards, OTC FX & Commodity Swaps

Acceptable Collateral for Corporate Bonds

View Collateral Summary

CME Clearing accepts select Corporate Bonds directly via DTC or through a custodian (BBH).


  • Acceptable for Base and IRS
  • Capped at $2 billion USDE across the clearing member and affiliates
  • Accepted either directly via DTC or through a custodian: Brown Brothers Harriman & Co.

Concentration Limits

  • Concentration limit of $50 million or 2.5% of amount outstanding per issuance, whichever is less
  • Concentration limit of $200 million per family
  • Concentration limit of $500 million per industry sector

Haircut Schedule

Asset Class 0 to ≤5 years >5 to ≤10 years >10 years
Corporate Bond

Additional Resources

All assets that are utilized to meet PB requirements in different currencies will be subject to an additional cross-currency haircut. For applicable haircuts, please see the Cross-Currency Haircut Percentages file found under Forms and Instructions.

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