Performance Bond (margin) Advisory Notice
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To Back Office Managers, Chief Financial Officers, Margin Managers
From Clearing House Department
Subject Performance Bond Requirement Changes - Swap Contracts
Effective Date 04/02/02
Notice Number 02-26

At its� meeting on Wednesday, March 27, 2001, the Chicago Mercantile Exchange, Inc., Performance Bond staff met to review price volatility of 2YR, 5YR and 10 YR Swap contracts and approved the performance bond requirements described below.  These margins will become effective with the launch of the product on Monday, April 8, 2002.

The staff�s recommendations are listed below:

Performance Bond Requirements - 4/8/02

This document can be received electronically.  Send an e-Mail to lists@cme.com with the text �subscribe pbrates� in the body of the message to subscribe.

Please contact the Risk Control Department at 312/648-3888, if you have any questions regarding these performance bond changes.