Repackaging programme
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{fwmd|Repack 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[1] 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”[2]
See also
- The wonderful world of debt securities: Bonds | Notes | Certificates | Zero-coupon bonds | Medium term notes | repackagings | Convertible bonds | Exchangeable bonds | Collateralised debt obligations
- Equities: Warrants | Shares
References
- ↑ Patent applied for!
- ↑ Youngsters: Let me Google that for you.