Clearing
Modification of Cleared Over-the-Counter (“OTC”) Interest Rate Swap Products Referencing the Banco de México 28 day TIIE and Limitation of Acceptance for Clearing - Effective November 22, 2024
To: Clearing Member Firms; Chief Financial Officers
From: CME Clearing
# 24-342
Notice Date: 08 November 2024
Effective Date: 22 November 2024
This Clearing Advisory sets out the terms of the 28 Day TIIE Transition to TIIE de Fondeo (TIIE Funding Rate or “F-TIIE”) in affected 28 Day MXN TIIE cleared swaps due to commence on Friday, November 22, 2024.
For the full text of this advisory, please click the link below.
