Repositories
Central Clearing Requirements
Central Clearing Requirements Information Repository
Interest Rate Swaps (Korea, Republic of-Korea Exchange)
(Last Updated: 19 November 2020)
(Last Update: 19 November 2020) | |
Authority: | Korea, Republic of-Korea Exchange |
Jurisdiction: | Korea, Republic of |
Product features | |
Product type: |
Fixed-to-floating swap |
Currency: | KRW |
Index: | CD (Certificate of Deposit_91days) |
Product Tenor: | 3 months to 20 years |
Optionality: | No |
Single Or Dual Currency: | Single |
Conditional Notional Amount: | No |
Other Product Characteristics: | |
Eligible CCPs | |
Eligible CCPs: | KRX |
Where any of the eligible CCPs listed in the preceding column are not authorised to provide clearing services to all the products in this row, details of these limitations: | |
Exemptions (Note: The application of the exemptions below may be subject to conditions and restrictions. Please see the relevant notes for details.) | |
End-users/ non-financial entities exemption: |
View Note |
Affiliated entities / group entities exemption: | No |
Pre-existing transactions exemption: | Yes |
Other exemptions, if any: |
View Note |
Effective Date: | 30 June 2014 |
Reference: |
Mandatory CCP implementation for clearing of Korean Won Interest Rate Swap (July 4 2014, www.krx.co.kr - notice)
OTC Derivatives Clearing Business Regulation and Enforcement Rules, formulated on September 11, 2013(recently amended on August 28, 2019 and September 20, 2019 respectively) |
Last Update of the Regime: |