| LCH circular number: | 4344 |
| Date: | March 27, 2025 |
| To: | All LCH Ltd Members and Clients |
Dear Member,
We are pleased to announce that LCH Limited (“LCH”) is expanding its range of eligible non-cash collateral to include Kreditanstalt für Wiederaufbau bonds (KFW) denominated in USD. The go-live date is 1st April 2025.
The new non-cash collateral will be subject to haircuts, concentration limits and will be accepted on both a Bilateral and Triparty basis (via both Euroclear Bank and Clearstream Banking Luxembourg Triparty).
Further details can be found on the LSEG website: LCH Ltd Acceptable Securities | LSEG and available today in the Knowledge Centre (LCH - General Ltd - Member/Client Folder > Service Information > Haircut Schedules) which is accessible via the LCH Portal.
If you require any further information or have any questions, please contact: collateral.clientservices@lch.com
Kind regards,
Collateral Services