LCH accepts Danish-covered bonds as collateral

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LCH accepts Danish-covered bonds as collateral

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�

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