|Asset Class||Hard Dollar Limit|
|Letters of Credit2||$500 million|
|U.S. Government Agencies||$2 billion|
|Agency MBS||$1.4 billion|
|U.S. TIPS||$1 billion|
|U.S. Treasury STRIPS||$1 billion|
|IEF2 – Money Market Funds||$5 billion|
|Corporate Bonds||$2 billion|
|Prefunded Treasury Facility (PTF)||None4|
|Canadian Provincials||$100 million|
|Foreign Sovereign Debt|
|United Kingdom||$1.4 billion|
1 With respect to all foreign currencies, clearing members are subject to a $250 million USDE limit across the clearing member and affiliates for meeting requirements in a different currency. Offshore Chinese renminbi is capped at $200 million USDE across the clearing member and affiliates. Upon request, CMFs may deposit additional CAD, EUR, GBP, and JPY cash up to a $500 million USDE FX cash mismatch limit. Please contact ClearingHouseFinancial@cmegroup.com for more information.
2 Letters of Credit are acceptable collateral for performance bond for Base products only and not permitted for House PB requirements, for financial-affiliated clearing members. Letters of Credit are capped at 25% of margin requirement.
3 London gold and COMEX gold warrants are acceptable collateral for performance bond for House positions only.
4 The PTF is acceptable to meet performance bond requirements in the House origin for futures and options products in the Base Guaranty Fund. The amount of PTF a clearing member can use to meet House performance bond requiremenets is limited to 75% of the clearing member's performance bond requirement on the day of acceptance of the PTF by CME as collateral on deposit.
Note: Canadian provincials, corporate bonds, ETFs, stocks, COMEX gold warrants, London gold bullion, supranational debt, and foreign sovereign debt except that issued by Canada, France, Germany, and the United Kingdom are capped at $5 billion USDE across the clearing member and affiliates. IEF2, Canadian provincials, corporate bonds, ETFs, stocks, COMEX gold warrants, London gold bullion, supranational debt, all foreign sovereign debt, U.S. government agency debt, agency MBS, and STRIPS are capped at $7 billion USDE across the clearing member and affiliates.