News Headline Summary

LCH Clearnet cuts margins for trading European and UK bonds

- The margin on the following debt securities issued by the French government has decreased:
1 month to 15 year and 30 to 50 year

- The margin on the following debt securities issued by the Spanish government has decreased:
1-3 month, 1.25-3.25 year and 7-15 year

- The offsets on France, Spain and France-Spain have changed.

- These changes shall come into effect from the close of business on 5th February 2013 and will be
reflected in the margin calls on 6th February 2013.

Link: http://www.lchclearnet.com/Images/Notice_FixedIncome_Parameters_20130201_GB_tcm6-63020.pdf

For UK bonds: http://www.lchclearnet.com/Images/2013-02-01%20RepoClear_tcm6-63017.pdf

01 Feb 2013 - 13:05 - Fixed Income - Source: Newswires

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