| Market: | All |
| Products: | All |
| Date: | 18 February 2008 |
TARGET 2 Project and LCH.Clearnet
LCH.Clearnet margin calls in TARGET 2
Following a technical problem that has been identified and is now under correction, LCH.Clearnet’s margin call file was not processed successfully this morning.
As an exceptional demand, LCH.Clearnet will be in contact with Paying Agents to perform their payments by sending MT202 messages to its account BACPFRPPTG2 as soon as possible, while LCH.Clearnet is performing the same process with its payments to Paying Agents.
This exceptional procedure is only applicable today 18 February 2008, we will keep you informed of this technical problem correction as from tomorrow morning 19 February 2008.
For any further operational information, please contact LCH.Clearnet treasury department:
Email: lchclearnetsa_treasury@lchclearnet.com
Phone: +33 1 70 37 65 35
For further information, please contact:
your LCH.Clearnet SA product implementation manager:
Julian Booker: +33 (0) 1 70 37 65 72 – julian.booker@lchclearnet.com
or
your local relationship manager