Network Rail - New Eligible Collateral at LCH
LCH Circular No 4130
14th December 2020
All LCH Clearing Members
We are pleased to announce that LCH Limited (“LCH”) as of today has gone live with Network Rail Infrastructure Finance Plc as eligible margin collateral. 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.
If you require any further information or have any questions please contact:
Collateral Client Services