Citibank Offers Securitisation On-Tap
Citibank has launched an on-tap securitisation programme called Citi Spot. The programme is targeted at companies which undertake multiple securitisation issuances in a year.
Citi Spot is a master set of terms and conditions under which companies can undertake a series of securitisation over a year up to a pre-determined limit.
The first securitisation has been set up for Citibank and Citicorp Finance (India) (CFIL). This is also the country