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14 Nov 2017

Eurex Clearing

Fixed Income Futures: Amendment of original term for debt securities for futures contracts on notional debt securities of the Kingdom of Spain (Euro-Bono-Futures)

Effective 8 December 2017, the following measure of Eurex Clearing will come into effect:

  • Amendment of the original term for the underlying debt securities for futures contracts on notional debt securities of the Kingdom of Spain (Euro-Bono-Futures)

The original term for the underlying debt securities for futures contracts on a notional debt security of the Kingdom of Spain will be amended from 20 years to 15 years for all contracts from and including the September 2018 contract. All contracts prior to September 2018 will maintain an original term of 20 years.

This circular contains the updated sections of the relevant Rules and Regulations of Eurex Clearing AG, which will come into effect on 8 December 2017.

Please refer to Eurex circular 124/17 for information related to the amendment of the Euro-Bono-Futures as well as the updated sections of the relevant Rules and Regulations of  Eurex Deutschland and Eurex Zürich AG (collectively: the Eurex Exchanges).