We call on governments at other levels but also on firms to follow this example set by central governments. In addition, the public's vigilance in monitoring prices and price changes will also be important during the conversion period.
All of the banking institutions mark their derivative positions to market on a daily basis and require any net current market value owed to them to be fully collateralized, generally with high quality securities, such as U.S. Treasuries or sovereign debt from G-10 countries.