Retained securitisations: accessing liquidity through central bank repurchase schemes | Practical Law
Investor demand has contracted severely as a result of turbulence in the global financial markets. Despite this, securitisation has not ceased completely. Instead, many financial institution originators are issuing and retaining asset backed securities to access various central bank liquidity schemes made available by, for example, the European Central Bank (ECB) and the UK's Bank of England.