Network Rail - New Eligible Collateral at LCH

Report date

Circular No.

LCH Circular No 4126


7th December 2020


All LCH Clearing Members


We are pleased to announce that LCH Limited (“LCH”) is expanding its range of eligible non-cash collateral to include Network Rail Infrastructure Finance Plc. The new non-cash collateral will be subject to concentration limits (details will be provided on our website and collateral FAQs).

These bonds will be available on a bilateral (not a triparty) basis only to begin with. Changes to the triparty arrangements are currently being assessed and we will provide an update in due course.

Our target go-live date will be 14 December 2020.

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

Collateral Client Services