Industry

OSC STAFF NOTICE OF REQUEST FOR COMMENT

CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC)

PROPOSED AMENDMENTS TO RULE C-14 TO MODIFY THE DELIVERY STANDARDS OF
THE FIVE-YEAR GOVERNMENT OF CANADA BOND FUTURE CONTRACTS (CGF)

The Ontario Securities Commission is publishing for public comment amendments to CDCC Rule C-14 to modify the delivery standards of the five-year Government of Canada Bond Future contracts (CGF).

The amendments include changing the remaining maturity range of deliverable bonds from 4.25-5.25 years to 4.5-5.5 years and to reduce the minimum amount outstanding of deliverable bonds from C$3.5B to C$3B.

The comment period ends July 2, 2019.

A copy of the CDCC Notice is published on our website at http://www.osc.gov.on.ca