Effective December 11, 2025, CME Clearing will modify the interest rate paid on USD cash balances on deposit by clearing members.

The interest rate paid on USD cash balances on deposit by clearing members to meet guaranty fund requirements associated with products in the Base waterfall and in the Cleared Swaps IRS waterfall will decrease from the current rate of 360 basis points to 335 basis points.

The interest rate paid on USD cash balances on deposit by clearing members to meet customer and house (proprietary) performance bond requirements associated with products in the Base waterfall and in the Cleared Swaps IRS waterfall will continue to be based on the benchmark formula of the Interest on Reserve Balances (IORB) minus 25 basis points.

The monthly USD interest payment will continue to occur during the first week of the following month.