LDR/CDR/Accommodation Charge Notification

Summary

Circular No.

LCH Circular No 3726

Date:

20th April 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 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-
19/05/16

 GBP

 SONIA

  20.0bp

 Change (from 22.0bp)

 22/04/16-
19/05/16

 USD

 FedFunds

  23.0bp

 No Change

 22/04/16-
19/05/16

CHF

TOIS

35.0bp

 Change (from 30.0bp)

22/04/16-
19/05/16

 

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 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 -
31/05/16

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.