Issuers look to rekindle US interest for sterling ABS revival

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Issuers look to rekindle US interest for sterling ABS revival

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Prime Minister Theresa May meets US President Donald Trump for talks at the Lotte Palace Hotel, New York, USA. | Stefan Rousseau/PA Wire/PA Images

Before the Bank of England’s easy money schemes, UK issuers were reliant upon a deeper base of US buyers to get deals over the line. With the end in sight for the BoE’s Term Funding Scheme (TFS), sellers are looking to restore the link between the US and the UK markets to support sterling issuance.

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