Template:Repack programme - FWMD: Difference between revisions

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{{fwmdtt
{{fwmdtt
|imagetype=png
|title=Secured [[limited recourse]] [[asset-backed]] [[medium term note programme]]
|title=Secured [[limited recourse]] [[asset-backed]] [[medium term note programme]]
|nickname=Repack programme
|nickname=Repack programme

Revision as of 18:12, 29 October 2019

Top Trumps®
Financial Weapons of Mass Destruction®


[[File:{{{image}}}|frameless|2000px|center]]


Repack programme


Are you KIDDING? Okay, I have to do better than that.


Docs Propectus, trust deed, agency agreements, pricing supplements, swap agreements, global notes, side letters galore. 8 {{{docscore}}}
Amendability Bugger all, because of the trust structure. What? You think the Trustee’s going to take a view? 1. {{{amendscore}}}
Collateral None. Fully funded. 0. {{{collateralscore}}}
Transferability In theory unlimited: cleared, dematerialised bearer notes. In practice? Forget about it. No-one wants your home-made espievie paper {{{transferscore}}}
Leverage Some, but unilateral structure makes it hard in practice. 2 {{{leveragescore}}}
Fright-o-meter CAYMAN ISLANDS DUDE! In reality depends what you put in it, but mostly tame. 6 {{{frightscore}}}