Nr.97/2007 Short-term adjustment of collateral requirements for physical electricity contracts
Nord Pool Spot hereby gives notice that collateral requirements will be increased during Christmas. The adjustment is in accordance with the Rulebook for the physical markets.
The adjustment is made in order to cover the period of non-clearing days during Christmas.
The adjusted collateral requirement will be increased by two days and will be calculated based in nine days net purchase.
The collateral requirement must be posted by 11 a.m. on Tuesday 18 December 2007.
The collateral requirement will be reduced to seven days net purchase on Tuesday 08 January 2008.
Lysaker, 3 December 2007
For further information, please contact Nord Pool Spot AS:
Morten Landrø, Risk Manager, phone +47 67 52 80 87/+47 92 22 33 55
Vibeke Morthaug, Business Controller, phone +47 67 52 80 75/+47 92 03 70 50
Petter Torp, CFO and acting CEO, phone: +47 67 52 80 59/+47 92 02 63 42
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