5214. Other non-commercial issuers not qualifying under sections 5210 through 5212

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    1. The minimum Dealer Member inventory margin and client account margin requirements for securities of all other non-commercial issuers not qualifying under sections 5210 through 5212 are as follows:

      Term to maturity or redemption

      Minimum margin required as a percentage of market value

      Category (i)

      All other non-commercial issuers’ bonds and debentures not qualifying under sections 5210 through 5212

      Category (ii)

      All other non-commercial issuers’ residual debt and stripped coupons not qualifying under sections 5210 through 5212

      Less than 1 year

      10.00%

      15.00%

      Greater than or equal to 1 year and less than 3 years

      Greater than or equal to 3 years and less than 7 years

      Greater than or equal to 7 years and less than 11 years

      Greater than or equal to 11 years and less than 20 years

      Greater than or equal to 20 years

      30.00%
    2. If a security in subsection 5214(1) is redeemable and the security is called for redemption, the term to maturity is the term to the redemption date.

    3. In subsection 5214(1), the maturity date of a coupon or other evidence of interest is the interest payment date.

    5215. - 5219.  Reserved.

    There is no history log for this rule.

    There is no history log for this rule.