5226. Commercial and corporate income bonds not in default

Or jump to a Series:

    1. The minimum Dealer Member inventory margin and client margin requirements for income bonds not in default are as follows:

      Minimum margin required expressed as a percentage of market value

      Category (i)

      Income bonds currently and for the past two years paying interest at the full stated rate

      Category (ii)

      All other income bonds

      10.00%

      50.00%

    2. To qualify under subsection 5226(1), the trust indenture must specify:

      1. an interest rate, and

      2. that interest must be paid if earned.

    There is no history log for this rule.

    There is no history log for this rule.