Guarantee Schemes2009 Asset-backed Securities Guarantee SchemeThe 2009 Asset-backed Securities Guarantee Scheme forms part of the Government's measures to ensure the stability of the financial system and to support lending in the UK economy and extends the 2008 Credit Guarantee Scheme. In summary these measures are intended to: - improve banks' and building societies' access to wholesale funding markets;
- help support banks' and building societies' lending in the economy;
- promote robust and sustainable markets over the long term; and
- protect the taxpayer.
Details on the Scheme and related information appear below: For further information about the Asset-backed Securities Guarantee Scheme please contact: |