Further details about monetary financial institutions' securitisation activities and issuance of securities by SPVs data

Monetary financial institutions' securitisation activity (Table B1.5) presents data on MFI loans that are securitised or ring-fenced for covered bond programmes (broken down by sector of borrower), and MFI holdings of securities issued by own SPVs.

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Overview

Monetary financial institutions' securitisation activity (Table B1.5)

Monetary financial institutions' securitisation issuance by own SPVs (Table B1.6) presents data on securities issued by UK MFI-owned SPVs.

Availability

All data are available monthly from January 2010. The data are not seasonally adjusted. Publication of data will usually occur on the 21st working day following the end of the period in Monetary financial institutions' securitisation activity (Table B1.5) and Monetary financial institutions' securitisation issuance by own SPVs (Table B1.6). The data presented in these tables cover only securitisation SPVs that are owned by UK MFIs, and do not cover all SPVs resident in the UK.

Sources

Data on loans securitised or ring-fenced for covered bond issuances are reported on Form BT and a further breakdown by sector of the borrower is reported on Form BE. MFIs holdings of securities issued by own SPVs is also reported on Form BT. Issuance of securities is reported on Form BT as a memo item. All data are subject to revision if and when new information becomes available. For more information on revisions practices see further details about revisions.

Definitions

Securitisation Special Purpose Vehicle (SPV) mean any undertaking which (a) is organised to carry out one or more securitisation transactions; and (b) issues, or may issue, securities and/or which holds, or may hold, assets underlying the issue of securities that are offered for sale to the public, sold on the basis of private placements, or held by the institution that originated the underlying assets.

Valuation and Breaks

Changes to data may not equal the difference in amounts outstanding because changes include adjustments, such as those made to exclude the effects of
exchange rate movements and changes in the reporting population. For more information on revisions practices see further details about revisions.

Issuance of securities by SPVs is reported at nominal values whereas the MFI holdings of securities issued by own SPVs is reported at market value.

Further information

SPV and LLP lists are published every quarter. 
 
Publication of information on UK MFI securitisations, Broughton, E and Shah, A (2011) Statistics article, May
Statistical reporting of securitisations, Owladi, J (2010), Statistics article, February
Impact of securitisations and loan transfer activity on M4 lending, Hall, L (2004), Statistics article, November, pages 7-8


This page was last updated 24 January 2018
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