Member Notices

Business Streams

Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2529
Date:30 September 2009
To:All Clearing Members

New Collateral Issuer Category in the Acceptable Collateral List

From 01 October 2009, LCH.Clearnet Ltd will accept for the purposes of margin collateral bonds in the following issuer categories and denominated in JPY:

- Japanese Treasury Discount Bill (JTDB)
- Japanese Treasury Bill (JGTB)
- Japanese Govt Bonds (JGB)

Please see http://www.lchclearnet.com/risk_management/ltd/acceptable_collateral.asp for further details.

Please note that this issuer category is not available at the present time in the triparty mechanism.

Please contact the following for confirmation of eligibility or any further information:

 

Jenny Cronin – Treasury OperationsNeil Jones – Risk Management
Tel:  +44 (20) 7426 7095Tel: +44 (20) 7426 7485
E-mail:  jenny.cronin@lchclearnet.comE-mail: neil.jones@lchclearnet.com

Related Items

  • Acceptable Collateral
    Members may elect to use either cash or securities to cover margin requirements at the Clearing House; please note that variation margin may only be covered in cash. To facilitate delivery, members may lodge securities either directly or using a tri-party mechanism.