LCH Limited (“LCH”) Rule Change Committee Meeting of 29 July 2021 and 10 February 2022 - Proposed Changes to the LCH Rulebook

Report date

Following LCH’s Rule Change Committee meeting of 29 July 2021 and 10 February 2022, LCH is proposing the following rulebook changes, which are available on its secure website at under the folder “Rulebook”.

Circular Number:



3 March 2022 


All SwapClear Clearing Members of LCH Limited 



Rulebook Changes – Member Notification


Services Impacted

Item 101 – SwapClear New Products and Tenor Extensions

(Please note, this member notification relates only to the new product, overnight interest rate swap, fixed vs OIS NOK-NOWA-OIS Compound, with a tenor out to 16 years)



Item 123 – SwapClear R1 2022


Clearing members that wish to comment on the proposed rulebook changes should email If you have any general questions on rulebook changes, please contact your usual LCH contact. Please note that all rulebook changes remain subject to regulatory approval and internal LCH risk approval.