What We Clear

Cash bonds and repo products eligible for clearing at RepoClear

Our Cleared Products

Repo Trades

RepoClear clears repo trades with the following characteristics:

  • Type: Classic fixed rate repos with first leg settlement on the trade date or a future valid settlement date up to one year after the trade date.
  • Reference Asset: Any of bonds described below under the heading “Cash Bond Trades”.
  • Repo Rate: Fixed
  • Start Settlement Date: The trade date or any future valid settlement date up to one year after the trade date.
  • Return Settlement Date: Any valid settlement date up to one year after the start settlement date. All return settlement dates are subject to limitations specified by LCH, arising as a result of the bond maturity date.

 

Cash Bond Trades

RepoClear clears cash bond trades of bonds issued by any of the following governments:

  • Austria
  • Belgium
  • The Netherlands
  • Finland
  • Germany
  • Ireland
  • Portugal
  • Slovakia
  • Slovenia
  • Spain
  • United Kingdom

 

In addition, RepoClear clears cash bond trades of German jumbo pfandbriefe and selected agency, supranational, regional, agency and other government-guaranteed bonds.

Start Settlement Date: The trade date or any future valid settlement date up to one year after the trade date.