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Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2663
Service Circular No:RepoClear 145
Date:4 August 2010
To:All RepoClear Members

Margin Rate Changes

  1. LCH.Clearnet Ltd has revised the London SPAN parameters for RepoClear. These changes will be made effective from the close of business on Monday 9 August 2010 and will be reflected in margin calls on Tuesday 10 August 2010.

  2. This circular supersedes LCH.Clearnet Ltd Circular No 2627; RepoClear/144 dated 25 May 2010

  3. Details of the LCH.Clearnet Ltd RepoClear Circular can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > RepoClear.

  4. For further information please contact:

    LCH.Clearnet LtdRisk Operations020 7426 7520

Chris Jones
Director, Risk Management

RepoClear Margin Rate Change Spreadsheet

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