| LCH circular number: | 4394 |
| Date: | 18 September 2026 |
| To: | All LCH Ltd members |
In line with LCH Circular 4227, LCH Ltd (LCH) confirms that the committee’s review has been completed. As a result, the following changes to cash collateral spreads have been made and will take effect from 1st October 2026:
EUR LDR and EUR RDR: reduced by 2bps, from 25bps to 23bps
EUR CDR and EUR FCM LDR: reduced by 2bps, from 33bps to 31bps
USD LDR and USD RDR: reduced by 2bps, from 28bps to 26bps
GBP LDR and GBP RDR: reduced by 2bps, from 20bps to 18bps
Full details are available in the fees section on the LCH website.
As a reminder, LCH may review rates applied to cash balances more frequently if required. In line with the updated Rulebook, LCH may change both CDR and LDR with 3 days’ written notice.
If you require any further information or have any questions, please contact:
Collateral Client Services Collateral.ClientServices@lch.com