Repackaging programme

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, securities par asset swaps, credit-linked notes and all that good stuff.

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”