LCH.Clearnet has increased the extra deposit it charges to trade Irish government bonds to 35%, Bloomberg reports. The extra cost will affect ‘long’ positions, while ‘short’ positions will pay a proportionally lower margin.

The European clearing house had reduced the additional margin on Irish government bonds from 45% to 30% on December 6, after raising the deposit three times in November. The hiked fee will be reflected in a margin call on March 25.

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