Business Standard

Citibank Offers Securitisation On-Tap

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BUSINESS STANDARD

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

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First Published: Jun 26 2002 | 12:00 AM IST

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