Anil is responsible for the structured finance section of IFR, providing coverage for the real-time IFR Markets news service as well as the IFR Magazine. He re-joined Thomson Reuters IFR in May 2011 after spending seven years on Informa Global Markets’ real-time European ABS product. Anil’s initial stint at Thomson Reuters began in 1997 on a two-year graduate trainee scheme, followed by four and a half years at IFR reporting on medium term notes/commercial paper and structured finance.
The first public bond issue from a UK government scheme aimed at boosting investment in the private rental homes market is expected to be launched in the autumn, according to the firm managing the scheme.
Traders report little immediate reaction in Clydesdale Bank’s Lanark RMBS prices to news that National Australia Bank will demerge its €opean subsidiaries. NAB said today that its preferred public market exit option is to offer 70-80% of its €opean operations to existing NAB shareholders and IPO the remaining 20-30% to institutional investors.
Tesco Personal Finance is expected to price its new credit card ABS today, having set the spread in line with initial price thoughts of one-month Libor plus 65bp.