Securities backed by a portfolio of payroll-deducted loans denominatd in pesos, originated by bank and non-bank originators. The securities have a 5-year maturity  due to a revolving structure that enables temporary purchase of new loans with scheduled and early amortizations by the borrowers. The origination and servicing standards called for by the Master Servicing process guarantee an optimal management of the loan portfolios and the good performance of the issues. The issues have been assigned a AAA rating.

Complete the capchat and click send to continue