Swiss Franc Government Bonds as Collateral
LCH Circular No 3740
1st June 2016
All LCH Ltd Clearing Members
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