LDR/CDR/Accommodation Charge Notification
|
Circular No. |
LCH Circular No 3726 |
|
Date: |
20th April 2016 |
|
To: |
All LCH.Clearnet Limited Clearing Members |
As per Circular 3683 - Please find below the monthly notification regarding LDRs, CDRs and accommodation charges.
LDR
Between the 22nd April – 19th May, LCH will be applying the following LDRs:
|
CCY |
Benchmark |
Spread |
Change / No Change |
Period |
|
EUR |
EONIA |
40.0bp |
Change (from 38.0bp) |
22/04/16- |
|
GBP |
SONIA |
20.0bp |
Change (from 22.0bp) |
22/04/16- |
|
USD |
FedFunds |
23.0bp |
No Change |
22/04/16- |
|
CHF |
TOIS |
35.0bp |
Change (from 30.0bp) |
22/04/16- |
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 - |
|
GBP |
SONIA |
5.0bp |
No Change |
04/05/16 - |
|
USD |
FedFunds |
10.0bp |
No Change |
04/05/16 - |
Accommodation Charge
Between the 5th May – 31st May, LCH will be applying the following accommodation charge.1
|
Liability Currency |
Spread |
Change / No Change |
Period |
|
All |
10.0bp |
No Change |
05/05/16 - |
Further information
If you have any queries or require access to the secure website please contact Collateral Client Services at collateral.queries@lch.com
1This may be subject to regulatory review.
SwapClear client accounts are excluded from the Accommodation Charge.