STOCKS | LCH Accepts Offshore Yuan China Government Bonds as Eligible Non-Cash Collateral

London Clearing House (LCH), a clearing house under London Stock Exchange Group, said it will accept China government bonds denominated in offshore renminbi as eligible non-cash collateral, according to Ming Pao. Bank of China (Hong Kong) (2388) said that on the first day of implementation it successfully deposited offshore renminbi China government bond collateral into its clearing account at LCH, and also assisted China Minsheng Bank (1988) and the Hong Kong branch of Bank of China in completing collateral deposits.