Grouped debt structures for housing associations Available to Purchase

Examines Housing Associations as major providers of rented housing in the UK. Focuses on possible ways in which a number of borrowers,whose individual borrowing requirements in any one year is small, can club together to make a more liquid debenture stock issue, and in particular the application of this structure for Housing Associations. Concludes that given the continuing appetite for institutional investors, Housing Associations will continue to borrow regularly from the capital markets.