Dossier
London Clearing House
Coverage of London Clearing House in the Nexus archive.
- Appetite for yuan assets sees London Clearing House accept dim sum bonds as collateral
The London Clearing House (LCH) has started accepting offshore yuan-denominated Chinese government bonds, known as dim sum bonds, as collateral for margin requirements. This move supports Beijing’s efforts to internationalise the yuan and integrate its debt into global financial systems.
- Appetite for yuan assets sees London Clearing House accept dim sum bonds as collateral
The London Clearing House (LCH) has started accepting offshore yuan-denominated Chinese government bonds, known as dim sum bonds, as non-cash collateral for margin requirements. This move supports Beijing’s efforts to internationalize the yuan and integrate its debt into global financial systems.