|LME Clear Default Funds & Margin ||LME Clear Deposit Rate (LMDR)4 |
|EONIA minus 35bps 5|
||SONIA minus 30 bps 5|
||Fed Funds minus 20 bps 5|
||TONAR minus 30 bps 5|
|Non-cash collateral (on value of collateral lodged)
4 LMDR is the rate at which LME Clear will pay or charge interest on credit cash balances
5 For EURO, GBP, USD & JPY the treasury charge will be calculated daily and applied to Members accounts monthly. If required, intra-month reviews of the spread may occur should market conditions or circumstances demand it. This information will be published on the LME Clear Website.