Lloyds feeds hunger for short dated Australian securitisation
Lloyds International, the Australian subsidiary of Lloyds Banking Group, is set to price a A$367.5m ($362m) asset-backed securitisation today (Friday) that has been structured to attract investors clamouring for short dated paper.
Investors have flocked to the shorter dated tranches of ABS this year driving a record 11 deals in the market, including two from Lloyds Bella programme.
"This is the best year on record in terms of the number of deals," said Ilya Serov, an analyst at Moodys. "Weve
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