The repo effect

The public securitisation market represented just 2.5% of the estimated EUR600 billion in European ABS issuance last year. Instead, almost all activity was focused on deals eligible for repo with the Bank of England and ECB. With banks struggling to access other funding sources, they have channelled their energy into realising value from assets sitting on their loan books.

Inevitably, this activity has changed the shape of deals. "Without the need to market deals - or the requirement to tell the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here