• Performance Bond Requirement Changes - Effective Tuesday September 30, 2008

      • To
      • Clearing Member Firms;Chief Financial Officers;Back Office Managers;Margin Managers
      • From
      • CME Clearing
      • #
      • 08-249
      • Notice Date
      • 29 September 2008
      • Effective Date
      • 30 September 2008
    • To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to: http://www.cmegroup.com/newsletter/web2lead/web2sf-old.html and subscribe to the Performance Bond Rates Advisory Notices listserver.
       
      As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed below. The rates are effective after the close of business on Tuesday, September 30th, 2008.
       
      CBOT Interest Rate Futures Outright Rates
       
      10 Year Treasury Note (21)

       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $2,025
      $1,500
      $2,700
      $2,000
      Hedge/Member
      Increase
      $1,500
      $1,500
      $2,000
      $2,000

       
      5 Year Treasury Note (25)

       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $1,688
      $1,250
      $2,160
      $1,600
      Hedge/Member
      Increase
      $1,250
      $1,250
      $1,600
      $1,600

       
      2 Year Treasury Note (26)

       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $1,553
      $1,150
      $2,025
      $1,500
      Hedge/Member
      Increase
      $1,150
      $1,150
      $1,500
      $1,500

       
      US Long Bond (17)

       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $2,700
      $2,000
      $3,375
      $2,500
      Hedge/Member
      Increase
      $2,000
      $2,000
      $2,500
      $2,500

       

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.