According to a document released by the DTCC, effective April 30, 2024, as part of the annual credit line renewal, the DTCC will implement the following changes to modify the collateral value of certain securities, which may affect the position value applicable to Collateral Monitor:
The collateral valuation for corporate notes or bonds rated B1 to B3 will be increased from 50% to 70%.
2. Any ETF or other investment vehicle that includes Bitcoin or any other cryptocurrency as the underlying investment will not give collateral value and will therefore be subject to a 100% deduction.
DTCC: From April 30, companies will not be able to use cryptocurrency investment vehicles as collateral
2024-04-27 01:08:06
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
DTCC：4月30日起公司将无法使用加密货币投资工具作为抵押品Next article：
Pike：USDC矿池遭黑客利用被盗29.9万枚USDC
