Template:Repack programme - FWMD: Difference between revisions

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{{fwmdtt
{{fwmdtt|nickname=Repack programme| imagetype=png| tagline= | documentation= Propectus, agreements, supplements, swaps, global notes, side letters galore. Most exciting part: [[limited recourse]]. Yes: ''that'' exciting.| docscore=2| amendability= Bugger all, because of the trust structure. What? You think the Trustee’s going to take a ''view''?|amendscore=7| collateral=Fully funded. Note is fully collateralised.| collateralscore =4| transferability= In theory unlimited: cleared, dematerialised bearer notes. In practice? Forget about it. No-one wants your home-made [[espievie]] notes.| transferscore =7| leverage= Not really.| leveragescore =3| frightometer= [[Cayman Islands|CAYMAN ISLANDS]] DUDE! In reality, depends what you put ''in it'', but mostly tame.| frightscore=5}}
|imagetype=png
|title=Secured [[limited recourse]] [[asset-backed]] [[medium term note programme]]
|nickname=Repack programme
|tagline=Are you KIDDING? Okay, I have to do better than that.
|documentation=Propectus, trust deed, agency agreements, pricing supplements, swap agreements, global notes, side letters galore. 8
|booklets=None but can pull in [[ISDA]] ones and you get them anyway through the [[swap]]. 7
|customisability=Fairly, but delivery format pretty rigid. 6
|amendability=Bugger all, because of the trust structure. What? You think the Trustee’s going to take a ''view''? 1.
|transferability=In theory unlimited: cleared, dematerialised bearer notes. In practice? Forget about it. No-one wants your home-made [[espievie]] paper
|tenor=Usually not worth getting out of bed for less than a year. In theory unlimited, but don't get carried away. No one will want your home-made [[espievie]] paper in thirty years. 6
|leverage=Some, but unilateral structure makes it hard in practice. 2
|longevity=Been going since late 90s. Survived the GFC surprisingly well. 5
|collateral=None. Fully funded. 0.
|asset classes=Any, but the product will be [[debt]]. 5
|frightometer=[[Cayman Islands|CAYMAN ISLANDS]] DUDE! In reality depends what you put in it, but mostly tame. 6
}}

Revision as of 13:12, 10 October 2020

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Repack programme


“'


Docs Propectus, agreements, supplements, swaps, global notes, side letters galore. Most exciting part: limited recourse. Yes: that exciting. 2
Amendability Bugger all, because of the trust structure. What? You think the Trustee’s going to take a view? 7
Collateral Fully funded. Note is fully collateralised. 4
Transferability In theory unlimited: cleared, dematerialised bearer notes. In practice? Forget about it. No-one wants your home-made espievie notes. 7
Leverage Not really. 3
Fright-o-meter CAYMAN ISLANDS DUDE! In reality, depends what you put in it, but mostly tame. 5