Eurex Repo Market
19 Feb 2025

Eurex Repo

Eurex Repo Circular 01/25 Amendment of GC Pooling Basket Definition (Annex 1 of ExR Basket Specifications)

Eurex Repo Circular 01/25 Amendment of GC Pooling Basket Definition (Annex 1 of ExR Basket Specifications)

1. Introduction

Please be informed that the GC Pooling ECB Basket and GC Pooling Green Bond Basket will be amended and become effective on 2 June 2025.
 
2. Required action

Eurex Repo Participants will need to review their internal operational processes due to the following change in the attached GC Pooling Basket Definition (Annex 1 of ExR Basket Specifications).
 

3. Details

A. GC Pooling ECB Basket

Eurex Repo plans to extend the existing GC Pooling ECB basket by two main European countries Ireland and Spain.

Spain doesn’t fulfill the minimum rating requirement for the GC Pooling ECB Basket yet. Eurex Repo will announce separately an inclusion date from which Spanish bonds could be allocated once the minimum credit rating criteria are met. 
 

B. GC Pooling Green Bond Basket

Due to the amendment of the GC Pooling ECB basket, the GC Pooling Green Bond Basket has to be amended consequently because it represents a subset of the GC Pooling ECB Basket. Furthermore, two missing European countries Slovakia and Slovenia will be added. 

In summary, the extension contains four European countries: Ireland, Slovakia, Slovenia and Spain

Spain doesn’t fulfill the minimum rating requirement for the GC Pooling Green Bond Basket yet. Eurex Repo will announce separately an inclusion date from which Spanish bonds could be allocated once the minimum credit rating criteria are met.
 

Attachment:

Amended sections of the GC Pooling Basket Definition (on page 2 (GCP ECB Basket) and on page 8 (GCP Green Bond Basket)):

  • GC Pooling Basket Definition (Annex 1 of ExR Basket Specifications)


Further information
 

Recipients:

All Trading Participants of Eurex Repo and Vendors

Target groups:

Front Office/Trading, IT/System Administration

Contact:

repo.sales@eurex.com

Web:

www.eurex.com
Authorized by: 

Frank Gast, Matthias Graulich

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.