Quantcast

Lloyds delivers a double shot from its loan book

Lloyds TSB sold its first securitization of corporate loans last week, a first step in its strategy to use complex derivatives to shift risk off its balance sheet, the bank said.

The GBP1 billion ($1.9 billion) CDO is a synthetic, fully unfunded credit default swap (CDS) transaction, structured with...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.