Eurex Clearing
Dear Eurex Clearing participant,
As already announced in Eurex Clearing circular 057/20, OTC IRS Product Extensions will be applied with EurexOTC Clear Release 11.0 starting on 19 October 2020.
Eurex Clearing AG currently clears nine currencies, which span a variety of tenors from three years to 50 years. With EurexOTC Clear Release 11.0, it is planned to expand its eligibility for these existing currencies by introducing new products. The following product extensions are planned:
Tenor Extensions |
50 years + 10 business days to 51 years (18,675 days) |
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30 years + 10 bd to 51 years (18,675 days) |
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30 years + 10 bd to 31 years (11,375 days) |
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10 years + 10 bd to 11 years (4,050 days) |
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36 months + 10 bd to 3 years (1,225 days) |
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24 months + 10 bd to 3 years (1,225 days) |
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Enhanced Eligibility |
OIS leg Variable Notional Swaps |
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Spreads |
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New Products |
Basis Swaps |
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The EurexOTC Clear Product List Production, valid as of 19 October 2020, which provides information about current offerings and upcoming IRS extensions, can be found in the Member Section of Eurex Clearing, under the following path:
Technology > EurexOTC Clear > System Documentation > Overview
If you have any further questions or comments, please do not hesitate to contact your Clearing Key Account Manager or send an e-mail to: client.services@eurexclearing.com.
Kind regards,
Your Client Services Team
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Recipients: | All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties |
Target group(s): | Front Office/Trading, Middle + Backoffice, IT/System Administration, Treasury |
Related circular: | Eurex Clearing Circular 057/20 |
Contact: | client.services@eurexclearing.com |
Web: | EurexOTC Clear Release 11.0 initiative page |
