| LCH circular number: | 4337 |
| Date: | December 13, 2024 |
| To: | All LCH Ltd Members and Clients |
Dear LCH Ltd Members and Clients,
We are pleased to announce that LCH Limited (“LCH”) is expanding its range of eligible non-cash collateral to include the below new issuers. The go-live date is 16 December 2024.
Fixed Rate Danish Covered Bonds
- Nordea Kredit Realkredit (NDAFH)
- JYSKE Realkredit A/S (JYKRE)
- DLR Kredit A/S (DLRKRE)
- Realkredit Danmark (RDKRE)
- Nykredit Realkredit AS (NYKRE)
Additional US Mortgage Backed Securities
- Federal National Mortgage Association (FN)
- Federal Home Loan Mortgage Corporation (FR, FG)
The new non-cash collateral will be subject to haircuts, concentration limits and will be available on a bilateral basis only (not on Triparty).
Further details can be found on the LSEG website from Monday 16 December: 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