<iframe src="//www.googletagmanager.com/ns.html?id=GTM-MS2WRF" height="0" width="0" style="display:none;visibility:hidden"></iframe>

Credit Default SwapClearing Products

List of Clearing Products

Index

No Series Effective Date Scheduled
Termination
Date
Fixed Rate Relevant Standard
Terms Supplement
1 iTraxx Japan
Series 22 Version 1
22-Sep-2014 20-Dec-2019 100bps iTraxx Asia/Pacific Untranched
Standard Terms Supplement
2 iTraxx Japan
Series 23 Version 1
20-Mar-2015 20-Jun-2020
3 iTraxx Japan
Series 24 Version 1
24-Sep-2015 20-Dec-2020
4 iTraxx Japan
Series 25 Version 1
22-Mar-2016 20-Jun-2021
5 iTraxx Japan
Series 26 Version 1
20-Sep-2016 20-Dec-2021
6 iTraxx Japan
Series 27 Version 1
21-Mar-2017 20-Jun-2022
7 iTraxx Japan
Series 28 Version 1
20-Sep-2017 20-Dec-2022
8 iTraxx Japan
Series 29 Version 1
20-Mar-2018 20-Jun-2023
9 iTraxx Japan
Series 30 Version 1
20-Sep-2018 20-Dec-2023
10 iTraxx Japan
Series 31 Version 1
20-Mar-2019 20-Jun-2024

Single Name

No Reference Entity Scheduled
Termination Date
Fixed Rate Transaction
Type
1 AEON CO., LTD. Within 10 years and 3
months from the Clearing Day
100bps Standard Japan
Corporate*
2 ANA HOLDINGS INC.
3 Central Japan Railway Company
4 Chubu Electric Power Company, Incorporated
5 East Japan Railway Company
6 FUJITSU LIMITED
7 Hankyu Hanshin Holdings, Inc.
8 Hitachi, Ltd.
9 HONDA MOTOR CO., LTD.
10 ITOCHU Corporation
11 JAPAN TOBACCO INC.
12 JFE Holdings, Inc.
13 KAJIMA CORPORATION
14 Kawasaki Heavy Industries, Ltd.
15 Kawasaki Kisen Kaisha, Ltd.
16 Kintetsu Group Holdings Co., Ltd.
17 Kobe Steel, Ltd.
18 KOMATSU LTD.
19 Kyushu Electric Power Company, Incorporated
20 Marubeni Corporation
21 Mitsubishi Corporation
22 Mitsubishi Estate Company, Limited
23 Mitsubishi Heavy Industries, Ltd.
24 MITSUI & CO., LTD.
25 Mitsui Chemicals, Inc.
26 Mitsui Fudosan Co., Ltd.
27 Mitsui O.S.K. Lines, Ltd.
28 NEC Corporation
29 Nippon Paper Industries Co., Ltd.
30 Nippon Steel Corporation
31 NIPPON TELEGRAPH AND TELEPHONE CORPORATION
32 Nippon Yusen Kabushiki Kaisha
33 NISSAN MOTOR CO., LTD
34 OBAYASHI CORPORATION
35 Oji Holdings Corporation
36 ORIX Corporation
37 Panasonic Corporation
38 Rakuten, Inc.
39 RICOH COMPANY, LTD.
40 SHIMIZU CORPORATION
41 SoftBank Group Corp.
42 SONY CORPORATION
43 Sumitomo Chemical Company, Limited
44 SUMITOMO CORPORATION
45 Sumitomo Realty & Development Co., Ltd.
46 TAISEI CORPORATION
47 Takeda Pharmaceutical Company Limited
48 The Kansai Electric Power Company, Incorporated
49 Tohoku Electric Power Company, Incorporated
50 Tokyo Electric Power Company Holdings, Incorporated
51 TOSHIBA CORPORATION
52 TOYOTA MOTOR CORPORATION
53 West Japan Railway Company

* “Standard Japan Corporate” refers to the term that is prescribed in Credit Derivatives Physical Settlement Matrix published by ISDA in September 2014.

To be eligible for Clearing, CDS transactions must meet all of the following requirements prescribed by JSCC:

  • 1.It shall be the CDS Transaction governed by the master agreement setting forth the basic matters concerning over-the-counter derivative transactions and the ISDA Credit Derivatives Definitions (limited to those prescribed by JSCC);
  • 2.Both Clearing Participants as the parties to the CDS Transaction shall have made application to JSCC pursuant to Article 48 of the Business Rules in order to have JSCC carry out Assumption of Obligation for the obligations related to such CDS Transaction;
  • 3.The Notional Amount of the CDS Transaction shall be denominated in Japanese Yen (JPY) and the Settlement Currency thereof shall be JPY;
  • 4.The Notional Amount of the CDS Transaction shall be no more than JPY 100 billion and all numbers of decimals shall be zero;
  • 5.The remaining period to the Scheduled Termination Date shall be not less than one day as of the date on which JSCC shall effect Assumption of Obligation;

In addition to those set forth in each Item above, it shall be the CDS Transaction which satisfies any.