This website is using cookies
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
x

Syon Securities 2020: 09 March 2020



This will be the second UK synthetic risk transfer RMBS from Lloyds / Bank of Scotland.

Basically, the transaction is a seven-year financial guarantee that references a £550m portfolio of UK owner-occupied residential mortgage loans located in England, Wales and Scotland. The loans were originated under the Halifax brand name.