Loan Market Association and Securitisation swap: Difference between pages

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(LMA).
''Interest rate risk management''.


The Loan Market Association is a trade body for the Europe, Middle East and Africa (EMEA) [[syndicated loan]] market, founded in 1996 by banks operating in that market.
A securitisation swap is an interest rate swap or a cross-currency interest rate swap undertaken in a securitisation.


Promoting loan markets in various ways, the LMA publishes model documentation and "market guidelines" for use in both primary and secondary markets with a view to achieving more standardisation of widely accepted market practice.
It is designed to hedge the interest rate risk or currency risk arising from any mismatches between the securities issued and the assets in the securitisation portfolio.




The [[Association of Corporate Treasurers]] (ACT) has supported the LMA's primary documentation initiative since its inception.
== See also ==
* [[Cross-currency interest rate swap]]
* [[Interest rate swap]]
* [[Securitisation]]
* [[Securitisation special purpose vehicle]]
* [[Security]]
* [[Swap]]


The LMA discusses its primary investment grade borrower documentation with the ACT prior to publication.
[[Category:Manage_risks]]
 
With [http://www.slaughterandmay.com/ Slaughter and May], ACT publishes [http://www.treasurers.org/loandocumentation commentaries] on the LMA primary documents.
 
 
The LMA published its Green Loan Principles in 2018.
 
 
==See also==
* [[An introduction to loan finance]]
* [[Documentation]]
* [[Documentation risk]]
* [[Green Bond Principles]]
* [[Green Loan Principles]]
* [[IGA]]
* [[International Capital Market Association]]
* [[Sustainability Linked Loan Principles]]
 
 
 
===Other links===
* [http://www.lma.eu.com/default.aspx The Loan Market Association website]
 
[[Category:Long_term_funding]]

Latest revision as of 23:45, 23 January 2024

Interest rate risk management.

A securitisation swap is an interest rate swap or a cross-currency interest rate swap undertaken in a securitisation.

It is designed to hedge the interest rate risk or currency risk arising from any mismatches between the securities issued and the assets in the securitisation portfolio.


See also

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