Enhancements to Italian debt clearing services

Extension of the CCP Service to Overnight Repos Reminder

As previously announced, LCH.Clearnet SA will extend its clearing services to overnight repos on Italian government bonds on 19 October 2009.

Since 14 September 2009, LCH.Clearnet SA has been participating in the full chain testing organised with Monte Titoli and the trading platforms.

These tests are mandatory for members wishing to clear overnight repos for Italian debt. The tests must be completed by 15 October 2009 for the launch on 19 October 2009.

You can find all communications about this project on our web site:

• http://www.lchclearnet.com/member_notices/flash_infos/bonds_and_repos/overnight_repos_italian_debt/

• The testing guide is also at your disposal: http://www.lchclearnet.com/fixed_income/bonds_and_repos/projects/overnight_repos_italian_debt/overnight_repos_documents.asp

Members readiness

The readiness form attached to this communication must be returned to your product implementation manager by 15 October 2009.

This form is a confirmation for LCH.Clearnet SA that Member’s back-offices are ready to integrate overnight repos on Italian government bonds.

For further information, please contact:

your LCH.Clearnet SA product implementation manager:Jean-François Sougakoff: +33 (0) 1 70 37 65 36 – [email protected]

or your local account manager: Michel Bokobza: +33 (0) 1 70 37 65 55 - [email protected]

Customer and Market Management LCH.Clearnet SA

Click to see a PDF version of this information

Attachments:

Member readiness form