It is unlikely that the U.K. Government will extend its Asset-Backed Securities Guarantee Scheme, primarily as structured finance issuers have not used the scheme to date, said Fitch Ratings.

The U.K. government guarantee scheme launched in April 2009 was put in place for six months and is due to expire tomorrow. The government, however, has kept its options open on a possible extension of the scheme.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.