HKFE Announces Revised Margins For Three-Month HIBOR, HKEx Futures Contracts

The adjustments are based on the clearing company's normal procedures and standard margining methodology.

Futures Contract - Margin Rate - Initial Margin (HK$) - Maintenance Margin (HK$)

Three-Month HIBOR
Full Rate - 11,332/lot - 9,066/lot
Spread Rate - Please refer to attached table

Hong Kong Exchanges and Clearing Ltd (HEX: Multiplier = 100)
Full Rate - 2,110/lot - 1,688/lot
Spread Rate - 633/spread - 506/spread

Hong Kong Exchanges and Clearing Ltd
(HEA: Multiplier = 500) - Full Rate - 10,550/lot - 8,440/lot
Spread Rate - 3,165/spread - 2,530/spread

HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients' individual circumstances. -- www.hkex.com.hk