LDR/CDR/Accommodation Charge Notification

Report date
Summary

Circular No.

LCH Circular No 3692

Date:

20th January 2016

To:

All LCH.Clearnet Ltd Members
Body

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

LDR
Between the 22nd January – 19th February, LCH.Clearnet Ltd. (LCH) will be applying the following LDRs:

CCY Benchmark Spread Change / No Change Period
EURO EONIA 35.0bp No Change 22/01/16 -19/02/16
GBP SONIA 25.0bp Change (from 30.0bp) 22/01/16 -19/02/16
USD FedFunds 23.0bp Change (from 20.0bp) 22/01/16 -19/02/16

CDR

Between the 3rd February – 3rd May, LCH will be applying the following CDRs:

CCY Benchmark Spread Change / No Change Period
EURO EONIA 15.0bp No Change 03/02/16 -03/05/16
GBP SONIA 5.0bp No Change 03/02/16 -03/05/16
USD FedFunds 10.0bp No Change 03/02/16 -03/05/16

Accommodation Charge

Between the 3rd February – 2nd March, LCH will be applying the following accommodation charge1.

Liability Currency Change / No Change Spread Period
All No Change 10.0bp 03/02/16 -02/03/16

Further information

Please contact Collateral Client Services at collateral.queries@lchclearnet.com for further details.

1This may be subject to regulatory review.