Template:Repack programme - FWMD: Difference between revisions

{{fwmdtt|title=Secured [[limited recourse]] [[asset-backed]] [[medium term note programme]]|nickname=Repack programme|documentation=Propectus, trust deed, agency agreements, pricing supplements, swap agreements, global notes, side letters galore|booklets=None but can pull in [[ISDA]] ones and you get them anyway through the [[swap]]|customisability=Fairly, but delivery format pretty rigid|Amendability=Bugger all, because of the trust structure|transaferability=In theory unlimited, in practice forget about it|tenor=Usually not worth getting out of bed for less than a year|leverage=Some, but unilateral structure makes it hard in practice|longevity=Been going since late 90s. Survived the GFC surprisingly well|collateral=None. Fully funded}}