| LCH circular number: | 4194 |
| Date: | February 04, 2022 |
| To: | All LCH Ltd Members |
Dear Member,
We are pleased to announce that LCH Limited (“LCH”) is expanding its range of eligible non-cash collateral to include Caisse d’Amortissement de la Dette Sociale (“CADES”). The new non-cash collateral will be subject to concentration limits (details will be provided on our website and collateral FAQs).
These bonds will initially only be available on a bilateral (not a triparty) basis. Changes to the triparty arrangements are currently being assessed and we will provide an update in due course.
The go-live date is 7 February 2022.
If you require any further information or have any questions, please contact:
Collateral Client Services
collateral.clientservices@lch.com
Kind regards,
Collateral Services