JSCC bond unit reports 26 margin breaches in Q3

JGB turmoil, heightened activity may have caught clearing members off-balance

The Japanese government bond (JGB) clearing house of the Japan Securities Clearing Corporation (JSCC) reported 26 margin breaches with an average size of ¥2.9 billion ($26 million) in the third quarter of the year. 

It is the largest number of breaches reported at the entity since public disclosures began in the third quarter of 2015, and the first quarter in which breaches have been reported at all going back to the second quarter of 2017.

The single largest breach in the three months to end

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here