DTCC Plans No Haircuts Following Downgrade
The Depository Trust & Clearing Corp. said its Fixed Income Clearing Corp. has no current plans to make changes in its haircuts required for collateral for its government securities division clearing fund and mortgage-backed securities division participants fund at this time following Standard & Poor’s downgrade of U.S. sovereign debt.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts