6️⃣Maximum leverage
Grade
Max Leverage
Last updated
Securd leverages on the value at risk and equivalently the VeV to define the liquidation threshold which in turn determines the maximum leverage ratio. Therefore, for each grade, a maximum leverage ratio is computed :
AAA
20
AA
18
A
16
BBB
12
BB
8
B
4
Table 9: Maximum leverage ratio with respect to grade.
Last updated