Lloyds ends RMBS drought after end of TFS cheap money

Asad Ali

June 11, 2018 03:00 PM

PA-UK houses — General view of houses in Victoria Road, London, named 'the most expensive street in the UK' in 2015 with an average house price of over £8 million. The borough of Kensington and Chelsea is one of the most polarised in Great Britain, with some of the most expensive real estate in the UK just a short walk from several of the most deprived wards in the country - including the area around the Grenfell Tower. Picture date: Wednesday July 12th, 2017. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

Lloyds is weaning itself off the Bank of England’s Term Funding Scheme (TFS), tempting investors back to its RMBS programme with a dollar and sterling denominated offering, after an 18 month absence from the market.

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Topics

Lloyds Bank RMBS Securitization Wells Fargo Securities UK Europe EMEA

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Asad Ali