Repackaging programme

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A secured medium term note programme created by an espievie captive to the demands of a broker/dealer and used to sell securitized structured products.

The best ever repackaging programme was Goldman Sachs International's “MaJoR” Multi-Jurisdiction Repackaging Programme which, as its name suggests, was (and as far as I know, still is) as cool as Jon and Ponch.

You know, the ones from TV’s “CHiPs[1]

References