LDR/CDR/RDR/Accommodation Charge Notification

Report date

Circular No.

LCH Circular No 4104


23rd July 2020


All LCH Clearing Members


As per Circular 3760- LCH Ltd. can confirm that the committee’s review has been completed.

Full details have now been published in the fees section of the LCH website.

As previously communicated via Circular 4098, €STR will be the new benchmark rate for the calculation of EUR IM interest on cash. The € spreads will, going forward, reference €STR as the reference rate. Rates to benchmark have been adjusted by 8.5bps to reflect the fixed differential between EONIA and €STR.

If you require any further information or have any questions please contact:

Collateral Client Services