Collaterals

Accepted collaterals

• Cash in EUR
• Bonds, which meet the following conditions:
  • single-list bond
  • admitted to trading at a recognized exchange within the EURO currency area according to § 2 (32) of the Austrian Banking Act
  • quoted in EURO, ATS or DM
  • expiration time at least of one year
  • no own issues and no issues of companies with which the clearing member is affiliated (CCP.A Clearing Rules § 51 (6))
• Shares, which are admitted to the Official Market and the Semi-official Market of Wiener Börse AG and are in the continuous trading segment. No own issues and no issues of companies with which the clearing member is affiliated. 
• Bank guarantees, shall have to correspond to CCP.A's standard guarantee with respect to content and form. They shall have to be issued by an EEA credit institution with an approved rating, with which the clearing member is not affiliated and must not be issued mutually by to clearing members for each other. 

Applied haircuts

• Bonds are valued at 90% of the last value
• Shares are valued at 50% of the last value