As a resident of Europe trading bonds in Europe you are subjected to Rules-based margin. The complete margin requirement details are listed in the section below.
|Long Positions 2|
|Initial Margin Requirements||Maintenance Margin Requirements|
|Rated AAA to AA3:|
|Less than 6 months to maturity||2.5% * Market Value||2% * Market Value|
|Less than 1 year to maturity||3.75% * Market Value||3% * Market Value|
|More than 1 year and less than 3 years to maturity||6.25% * Market Value||5% * Market Value|
|At least 3 years and less than 5 years to maturity||7.5% * Market Value||6% * Market Value|
|At least 5 years and less than 10 years to maturity||10% * Market Value||8% * Market Value|
|At least 10 years and less than 20 years to maturity||12.5% * Market Value||10% * Market Value|
|20 years or more to maturity||15% * Market Value||12% * Market Value|
|Zero coupon bonds with 5 years or more to maturity||Min (Market Value, 1.25 * Maintenance)||Max (Specified MaintenanceAmount 3, 3% * Face Value)|
|Rated A1 - BAA2||18.75% * Market Value||15% * Market Value|
|Rated Ba1-B3||Min (Market Value, 1.25 * Maintenance)||Min (25% Market Value, 10% Face Value)|
|Rated Caa1-C||Min (Market Value, 1.25 * Maintenance)||Min (50% Market Value, 20% Face Value)|
|Defaulted||100% * Market Value||100% * Market Value|
|Not Rated||100% * Market Value||100% * Market Value|
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
For a list of IBG memberships worldwide, click here.