Supply at risk as TLTROs could reduce incentives for bank SME ABS to ‘zero’

GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213

Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Supply at risk as TLTROs could reduce incentives for bank SME ABS to ‘zero’

The way borrowing allowances are calculated under the European Central Bank’s latest funding programme may put ABS at a further disadvantage to covered bonds, according to Bank of America Merrill Lynch analysts, who are concerned their recently lowered 2014 securitization supply forecast should be cut again as a result.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article