LCH accepts Danish-covered bonds as collateral 17 December 2024UK Reporter: Daniel Tison
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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: “By accepting this collateral type, we are able to further support our members’ needs and bring further efficiencies to the Danish clearing ecosystem.”
Anders Schou, economic executive director at Finans Danmark, adds: “We are proud to work closely with our members and LCH in support of their expansion of eligible collateral to include Danish-covered bonds.
“This is an important milestone which emphasises the high liquidity and resilience in the Danish-covered bond market.”
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