Minimum initial margin in the Derivatives market for Russian Federation government bonds futures is increasing:
Futures contract
Underlying asset code
Basic IM, till evening clearing session, September 5
Basic IM, starting from the evening clearing session, September 5
Two-year Russian Federation government bonds
OZF2
1.5%
2%
Four-year Russian Federation government bonds
OFZ4
2.5%
3%
Six-year Russian Federation government bonds
OFZ6
3.5%
4%
Ten-year Russian Federation government bonds
OF10
4.5%
5%
Fifteen-year Russian Federation government bonds
OF15
5.5%
The changes come into force starting from the evening clearing session, September 5, 2014.
