LDR/CDR/Accommodation Charge Notification

Report date
Summary

Circular No.

LCH Circular No 3734

Date:

18th May 2016

To:

All LCH.Clearnet Limited Clearing Members

Body

As per Circular 3683 - Please find below the monthly notification regarding LDRs, CDRs and accommodation charges.

LDR

Between the 20th May – 21st June, LCH will be applying the following LDRs:

 CCY

 Benchmark

Spread

Change / No Change  

 Period

 EUR

 EONIA

   40.0bp 

 No Change

 20/05/16-
21/06/16

 GBP

 SONIA

  20.0bp

 No Change

 20/05/16-
21/06/16

 USD

 FedFunds

  23.0bp

 No Change

20/05/16-
21/06/16

CHF

TOIS

35.0bp

 No Change

20/05/16-
21/06/16

 

CDR

Between the 4th May – 2nd August, LCH will be applying the following CDRs:

 CCY

 Benchmark

 Spread 

Change / No Change  

 Period

 EUR

 EONIA

   15.0bp 

 No Change

 04/05/16 -
02/08/16

 GBP

 SONIA

  5.0bp

 No Change

 04/05/16 -
02/08/16

 USD

 FedFunds

  10.0bp

 No Change

 04/05/16 -
02/08/16


Accommodation Charge

Between the 1st June – 1st July, LCH will be applying the following accommodation charge.1

Liability Currency

 Spread 

Change / No Change

Period

 All

 10.0bp

No Change

01/06/16 -
01/07/16


Further information

If you have any queries or require access to the secure website please contact Collateral Client Services at collateral.clientservices@lch.com


1This may be subject to regulatory review.
SwapClear client accounts are excluded from the Accommodation Charge.