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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% -
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.
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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.