LCH accepts Danish-covered bonds as collateral

Leading the Way

Global Securities 麻豆影视传媒 News and Commentary

Industry news

17 December 2024 UK
Reporter: Daniel Tison

Image: Alina/stock.adobe.com

LCH has expanded its range of acceptable securities to include a number of fixed income Danish-covered bonds as collateral.

Through this collaboration with Finans Denmark, LCH aims to improve collateral management optionality and capabilities for both the Danish and international markets.

Isabelle Girolami, CEO of LCH, says: 鈥淏y accepting this collateral type, we are able to further support our members鈥� needs and bring further efficiencies to the Danish clearing ecosystem.鈥�

Anders Schou, economic executive director at Finans Danmark, adds: 鈥淲e are proud to work closely with our members and LCH in support of their expansion of eligible collateral to include Danish-covered bonds.

鈥淭his is an important milestone which emphasises the high liquidity and resilience in the Danish-covered bond market.鈥�

← Previous industry article

Maybank Securities and Citi facilitate securities lending for retail investors

Next industry article →

OTC Clear to accept China government bonds as collateral for Swap Connect

Subscribe today

Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Glossary terms in this article
→ Collateral
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →