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Issue Eligibility

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Apr 06, 2021 The LOP is used, when due to extraordinary circumstances, the Lead Underwriter of a Non-FAST new issue has advised DTC that it will not be able to deliver the physical certificates to DTC in compliance to the requirements described in DTC’s Operational Arrangements (OA). Note: Please read the letter in its entirety before completing and submitting to DTC. Special Letters (PDF)

Jan 13, 2021 Operational Arrangements - Necessary for Securities to Become and Remain Eligible for DTC Services
Issue Eligibility

Nov 14, 2019 Book-Entry-Only Municipal Tax-Exempt Commercial Paper (TECP) (Master Note) Program MMI Letters of Representations (PDF)

Additional Resources

  • FPO


    The DTCC MMI Program allows Issuing and Paying Agents to submit requests to make new Money Market Instrument issues eligible for settlement.

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    Read updates about the Money Market Instrument (MMI) program addressing the unique needs of financial markets. Learn more about its advantages in trade settlement.

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  • Legal

    Download legal information about the Money Market Instrument (MMI) eligibility, including important notices, rules and procedures. Read more about our services.

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