§ 50.4. Classes of swaps required to be cleared.

276 words·~1 min read·/us/cfr/t17/s§ 50.4·

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(a)Interest rate swaps. Swaps that have the following specifications are required to be cleared under section 2(h)(1) of the Act, and shall be cleared pursuant to the rules of any derivatives clearing organization eligible to clear such swaps under § 39.5(a) of this chapter. ::: {width="100%"} ::: {.table_head} Table 1 to Paragraph

(a)::: ::: {.gpotbl_div} Specification Fixed-to-floating swap class 1. Currency ``` ``` Australian Dollar

(AUD)``` ``` Canadian Dollar

(CAD)``` ``` Euro

(EUR)``` ``` Hong Kong Dollar

(HKD)``` ``` Mexican Peso

(MXN)``` ``` Norwegian Krone

(NOK)``` ``` Polish Zloty

(PLN)``` ``` Swedish Krona (SEK). 2. Floating Rate Indexes ``` ``` BBSW ``` ``` CDOR ``` ``` EURIBOR ``` ``` HIBOR ``` ``` TIIE-BANXICO ``` ``` NIBOR ``` ``` WIBOR ``` ``` STIBOR. 3. Stated Termination Date Range ``` ``` 28 days to 30 years ``` ``` 28 days to 30 years ``` ``` 28 days to 50 years ``` ``` 28 days to 10 years ``` ``` 28 days to 21 years ``` ``` 28 days to 10 years ``` ``` 28 days to 10 years ``` ``` 28 days to 15 years. 4. Optionality ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No. 5. Dual Currencies ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No. 6. Conditional Notional Amounts ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No ``` ``` No. ``` ``` ```

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§ 50.4

Classes of swaps required to be cleared.

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