CADES - New Eligible Collateral at LCH Limited

Report date

Circular No.

LCH Circular No 4194


4 February 2022


All LCH Ltd Members


Dear Member,

We are pleased to announce that LCH Limited (“LCH”) is expanding its range of eligible non-cash collateral to include Caisse d’Amortissement de la Dette Sociale (“CADES”). The new non-cash collateral will be subject to concentration limits (details will be provided on our website and collateral FAQs).

These bonds will initially only be available on a bilateral (not a triparty) basis. Changes to the triparty arrangements are currently being assessed and we will provide an update in due course.

The go-live date is 7 February 2022.

If you require any further information or have any questions, please contact:

Collateral Client Services

Kind regards,

Collateral Services