Swiss Franc Government Bonds as Collateral
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Circular No. |
LCH Circular No 3740 |
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Date: |
1st June 2016 |
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To: |
All LCH Ltd Clearing Members |
Dear Member,
At LCH, we are constantly looking to expand our collateral services so that we can provide members with new opportunities to 1) provide a broader range of collateral, 2) provide collateral in new settlement locations and; 3) provide collateral via different methods.
That’s why we are pleased to announce that members can now provide Swiss Government securities (bonds and bills) as collateral.
Members that wish to provide eligible Swiss collateral can do so only via triparty collateral services provided by Clearstream Lux and Euroclear Bank.
Existing users of triparty services should note that the new schedule to include Swiss securities will be activated from 1St June 2016.
Clearing Members that are interested in using triparty services should contact: Collateral.Services@lch.com
The current haircut schedule for securities can be found at the following link:
LCH LTD Acceptable Collateral
Kind regards,
Collateral Services
Email - collateral.services@lch.com