Monday, July 25, 2011

T-Bills No Longer Considered Risk Free By Chicago Merc


CME Group announced Monday that as part of a "normal review of market volatility," it has determined that T-Bills should no longer be treated as risk-free when used as collateral.

Haircuts on T-Bills will rise from 0.0 percent to 0.5 percent on Thursday, according to the statement. T-Notes/T-Bond haircuts will not increase by 1 percentage point across the board


Read more: http://www.businessinsider.com/t-bills-no-longer-considered-risk-free-by-chicago-mercantile-exchange-2011-7#ixzz1TBZzq1MU

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