AFS Interest B.V. OTF fee structure

Repo:

 Repo’s GC a maximum of 2 basis points over the nominal value of the transaction per year
 Repo’s non-GC a maximum of 5 basis points over the nominal value of the transaction per year
 Repo’s Specials a maximum of 10 basis points over the nominal value of the transaction per year

Interest rates derivatives:

 Interest Rate Swaps G11 currencies a maximum of 1 basis point over the nominal value of the fixed leg per year
 Interest Rate Swaps non-G11 currencies a maximum of 2 basis point over the nominal value of the fixed leg per year
 Forward Rate Agreements G11 currencies a maximum of 1 basis point over the nominal value of the fixed leg per year
 Forward Rate Agreements non-G11 currencies a maximum of 2 basis point over the nominal value of the fixed leg per year

FX:

 FX spot G11 currencies a maximum of €50, – per €1mio nominal value
 FX forwards G11 currencies up to one month a maximum of €10, – per €1mio nominal value
 FX forwards G11 currencies up to three month a maximum of €25, – per €1mio nominal value
 FX forwards G11 currencies up to one year a maximum of €50, – per €1mio nominal value
 FX forwards G11 currencies over one year a maximum of €100, – per €1mio nominal value
 FX spot non-G11 currencies a maximum of €100, – per €1mio nominal value

 FX forwards non-G11 currencies up to one month a maximum of €25, – per €1mio nominal value
 FX forwards non-G11 currencies up to three month a maximum of €50, – per €1mio nominal value
 FX forwards non-G11 currencies up to one year a maximum of €100, – per €1mio nominal value
 FX forwards non-G11 currencies over one year a maximum of €250, – per €1mio nominal value

Money Market) debt securities:

 Treasury-Bills in G11 currency, minimum single A rated, a maximum of 4 cent spread over the nominal value of the transaction
 Treasury-Bills in non-G11 currency, minimum single A rated, a maximum of 6 cent spread over the nominal value of the transaction
 Treasury-Bills in G11 currency, lower than single A rated, a maximum of 6 cent spread over the nominal value of the transaction
 Treasury-Bills in non-G11 currency, lower than single A rated, a maximum of 10 cent spread over the nominal value of the transaction

 Commercial Paper & Certificate of Deposit in G11 currency, minimum single A rated, a maximum of 5 cent spread over the nominal value of the transaction
 Commercial Paper & Certificate of Deposit in non-G11 currency, minimum single A rated, a maximum of 8 cent spread over the nominal value of the transaction
 Commercial Paper & Certificate of Deposit in G11 currency, lower than single A rated, a maximum of 8 cent spread over the nominal value of the transaction
 Commercial Paper & Certificate of Deposit in non-G11 currency, lower than single A rated, a maximum of 12 cent spread over the nominal value of the transaction

 Bonds (maturity < 1 year) in G11 currency, minimum single A rated, a maximum of 4 cent spread over the nominal value of the transaction

 Bonds (maturity < 1 year) in non-G11 currency, minimum single A rated, a maximum of 6 cent spread over the nominal value of the transaction
 Bonds (maturity < 1 year) in G11 currency, lower than single A rated, a maximum of 8 cent spread over the nominal value of the transaction
 Bonds (maturity < 1 year) in G11 currency, lower than single A rated, a maximum of 10 cent spread over the nominal value of the transaction

Capital Market (maturity > 1year) debt securities:

 Government Bonds in G11 currency, minimum single A rated, a maximum of 3 basis points spread over the nominal value of the transaction per year
 Government Bonds in non-G11 currency, minimum single A rated, a maximum of 4 basis points spread over the nominal value of the transaction per year
 Government Bonds in G11 currency, lower than single A rated, a maximum of 5 basis points spread over the nominal value of the transaction per year
 Government Bonds in non-G11 currency, lower than single A rated, a maximum of 6 basis points spread over the nominal value of the transaction per year

 SSA Bonds in G11 currency, minimum single A rated, a maximum of 3 basis points spread over the nominal value of the transaction per year
 SSA Bonds in non-G11 currency, minimum single A rated, a maximum of 4 basis points spread over the nominal value of the transaction per year
 SSA Bonds in G11 currency, lower than single A rated, a maximum of 6 basis points spread over the nominal value of the transaction per year
 SSA Bonds in non-G11 currency, lower than single A rated, a maximum of 8 basis points spread over the nominal value of the transaction per year

 Covered Bonds in G11 currency, minimum single A rated, a maximum of 4 basis points spread over the nominal value of the transaction per year
 Covered Bonds in non-G11 currency, minimum single A rated, a maximum of 5 basis points spread over the nominal value of the transaction per year
 Covered Bonds in G11 currency, lower than single A rated, a maximum of 8 basis points spread over the nominal value of the transaction per year
 Covered Bonds in non-G11 currency, lower than single A rated, a maximum of 10 basis points spread over the nominal value of the transaction per year

 Financials Bonds in G11 currency, minimum single A rated, a maximum of 5 basis points spread over the nominal value of the transaction per year
 Financials Bonds in non-G11 currency, minimum single A rated, a maximum of 6 basis points spread over the nominal value of the transaction per year
 Financials Bonds in G11 currency, lower than single A rated, a maximum of 8 basis points spread over the nominal value of the transaction per year
 Financials Bonds in non-G11 currency, lower than single A rated, a maximum of 10 basis points spread over the nominal value of the transaction per year

 Corporate Bonds in G11 currency, minimum single A rated, a maximum of 5 basis points spread over the nominal value of the transaction per year
 Corporate Bonds in non-G11 currency, minimum single A rated, a maximum of 7.5 basis points spread over the nominal value of the transaction per year
 Corporate Bonds in G11 currency, lower than single A rated, a maximum of 10 basis points spread over the nominal value of the transaction per year
 Corporate Bonds in non-G11 currency, lower than single A rated, a maximum of 15 basis points spread over the nominal value of the transaction per year

 Illiquid bonds (junk bonds, issue size under €200mio, 10% or more from the issue size) tailored spreads