|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|
|Short-Term UST ETFs||$500 million|
|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 requirements 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, Short-Term UST ETFs, 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, Short-Term UST ETFs, 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.