July 18, 2018 / 8:59 AM / a month ago

Italian clearing house CC&G raises margin on domestic debt in line with LCH

MILAN, July 18 (Reuters) - Italian clearing house Cassa di Compensazione e Garanzia said on Wednesday it had raised margins applied to Italian bonds, mirroring a move by its sister body LCH.

Both clearing houses are part of the London Stock Exchange Group.

LCH announced on Wednesday it was raising margin calls on Italian bonds starting from the following session.

Reporting by Luca Trogni, writing by Valentina Za, editing by Crispian Balmer

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