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LMA WINS BEST ABCP MONEY MARKET ISSUER AWARD!

Post Date: 13 January 2025

LMA, a European multi-seller conduit for Asset-Backed Commercial Paper (ABCP) managed by Crédit Agricole CIB, has established itself as a leading player in the ABCP market in 2024. LMA has demonstrated exceptional performance through significant issuance volumes across multiple transactions. The conduit's success is attributed to its strategic management of tenors and currencies, enabling effective navigation of challenging interest rates while maintaining competitive funding costs. LMA expanded beyond primary currencies, issuing in at least nine other currencies, broadening its investor base and showcasing a flexible approach to ABCP issuance. The conduit also introduced floating rate Euro Commercial Paper linked to the Ester benchmark and maintained regular Green CP issuances, highlighting its innovative nature in the evolving ABCP landscape. For these reasons, and based on survey results, market interviews and feedback, LMA is a deserving winner of the Best ABCP Money Market Issuer. The full reasoning on these awards can be found here, in the official Award Statement.


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