{"data":{"id":"us/12-cfr-appendix-b-to-part-45","jurisdiction":"us","citation":"12 CFR Appendix B to Part 45","heading":"Appendix B to Part 45—Margin Values for Eligible Noncash Margin Collateral.","body":"Table B—Margin Values for Eligible Noncash Margin Collateral\nAsset class Discount (%)\nEligible government and related (e.g., central bank, multilateral development bank, GSE securities identified in § 45.6(a)(2)(iv) or (b)(5) debt: residual maturity less than one-year 0.5\nEligible government and related (e.g., central bank, multilateral development bank, GSE securities identified in § 45.6(a)(2)(iv) or (b)(5) debt: residual maturity between one and five years 2.0\nEligible government and related (e.g., central bank, multilateral development bank, GSE securities identified in § 45.6(a)(2)(iv) or (b)(5) debt: residual maturity greater than five years 4.0\nEligible GSE debt securities not identified in § 45.6(a)(2)(iv) or (b)(5): residual maturity less than one-year 1.0\nEligible GSE debt securities not identified in § 45.6(a)(2)(iv) or (b)(5): residual maturity between one and five years: 4.0\nEligible GSE debt securities not identified in § 45.6(a)(2)(iv) or (b)(5): residual maturity greater than five years: 8.0\nOther eligible publicly traded debt: residual maturity less than one-year 1.0\nOther eligible publicly traded debt: residual maturity between one and five years 4.0\nOther eligible publicly traded debt: residual maturity greater than five years 8.0\nEquities included in S\u0026P 500 or related index 15.0\nEquities included in S\u0026P 1500 Composite or related index but not S\u0026P 500 or related index 25.0\nGold 15.0\n1 The discount to be applied to an eligible investment fund is the weighted average discount on all assets within the eligible investment fund at the end of the prior month. The weights to be applied in the weighted average should be calculated as a fraction of the fund's total market value that is invested in each asset with a given discount amount. As an example, an eligible investment fund that is comprised solely of $100 of 91 day Treasury bills and $100 of 3 year US Treasury bonds would receive a discount of (100/200)*0.5+(100/200)*2.0=(0.5)*0.5+(0.5)*2.0=1.25 percent.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 45—MARGIN AND CAPITAL REQUIREMENTS FOR COVERED SWAP ENTITIES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"49cf80abfdca6920fe6ed5d69f220dba793ad6d5b5928405f96a45de43739646","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-appendix-a-to-part-45","next":"us/12-cfr-46.1"},"notice":"GroundRules: Original legal text. Not legal advice."}