FACTBOX-European ABCP conduits sponsored by banks

Aug 22 (Reuters) - Problems in raising short-term funding
have thrown the spotlight on the asset-backed commercial paper
(ABCP) conduits set up in Europe by banks, mostly to invest in
longer-term high-quality securities.
Germany's IKB (IKBG.DE: Quote, Profile, Research, Stock Buzz) and Sachsen LB have had to raise
emergency loan packages after their conduits ran into trouble.
British bank HBOS (HBOS.L: Quote, Profile, Research, Stock Buzz) on Tuesday said it would repay
maturing ABCP under its Grampian programme rather than pay
unacceptable funding costs.

The following is a list of outstanding bank conduits rated
by Moody's Investors Service, with ABCP issued as of the end of
May 2007:

Sponsor ABCP, $ bln Conduits
HBOS (HBOS.L: Quote, Profile, Research, Stock Buzz) 41.76 Grampian Funding

Landale Funding
ABN AMRO AAH.AS 39.89 Amstel Funding

Tulip Funding

North Sea Funding
HSBC (HSBA.L: Quote, Profile, Research, Stock Buzz) 31.69 Solitaire Funding

Regency Markets No. 1
ING Bank (ING.AS: Quote, Profile, Research, Stock Buzz) 31.67 Simba Funding

Mane Funding

Mont Blanc Capital
Fortis Bank (FOR.AS: Quote, Profile, Research, Stock Buzz) 26.48 Scaldis Capital
Lloyds TSB (LLOY.L: Quote, Profile, Research, Stock Buzz) 22.83 Cancara Asset

Securitisation
Rabobank [RABN.UL] 20.80 Atlantis Funding

Erasmus Capital

Tempo Finance
IKB (IKBG.DE: Quote, Profile, Research, Stock Buzz) 18.37 Rhineland Funding Capital
Landesbank Sachsen 18.11 Ormond Quay Funding
Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz) 15.45 Rheinmain Securitisation

Rheingold Securitisation

Bills Securitisation
Royal Bank of Scotland 13.85 Thames Asset Global
(RBS.L: Quote, Profile, Research, Stock Buzz) Securitization No. 1
JP Morgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz) 12.31 Chariot Funding
Calyon (CAGR.PA: Quote, Profile, Research, Stock Buzz) 10.31 LMA

European Sovereign

Funding
Commerzbank (CBKG.DE: Quote, Profile, Research, Stock Buzz) 9.45 Kaiserplatz Funding
LBBW 9.00 Lake Constance Funding
WestLB [WDLG.UL] 8.45 Compass Securitisation
Dresdner Bank (ALVG.DE: Quote, Profile, Research, Stock Buzz) 7.94 Silver Tower Funding
Bayerische Landesbank 7.37 Giro Lion Funding
Societe Generale (SOGN.PA: Quote, Profile, Research, Stock Buzz) 7.08 Antalis
HSH Nordbank 6.87 Poseidon Funding
Banco Santander (SAN.MC: Quote, Profile, Research, Stock Buzz) 6.73 Cantabric Financing
BNP Paribas (BNPP.PA: Quote, Profile, Research, Stock Buzz) 6.51 Matchpoint

Thesee

Eliopee
KBC Bank (KBC.BR: Quote, Profile, Research, Stock Buzz) 5.93 Picaros Funding

Quasar Securitisation
HypoVereinsbank HVMG.DE 4.31 Arabella Funding

Salome Funding
DZ Bank 4.02 Coral Capital
Ixis CIB (CNAT.PA: Quote, Profile, Research, Stock Buzz) 3.21 Direct Funding
National Australia Bank 3.08 CentreStar Capital No. 1
(NAB.AX: Quote, Profile, Research, Stock Buzz)
Den Danske (DANSKE.CO: Quote, Profile, Research, Stock Buzz) 2.49 Polonius
Bankgesellschaft Berlin 2.19 Check Point Charlie
Helaba 1.87 Opusalpha Funding
Citibank (C.N: Quote, Profile, Research, Stock Buzz) 1.87 Eureka Securitisation
Banca Intesa (ISP.MI: Quote, Profile, Research, Stock Buzz) 1.44 Romulus Funding
Nedbank (NEDJ.J: Quote, Profile, Research, Stock Buzz) 1.26 Synthesis Funding
Natexis (CNAT.PA: Quote, Profile, Research, Stock Buzz) 1.25 Elixir Funding
Investec Bank (INLJ.J: Quote, Profile, Research, Stock Buzz) 0.67 Grayston Conduit 1
Credit Foncier de France 0.61 Securitised Instantly

Repackaged Perpetuals
Mitsubishi UFJ 8615.T 0.50 Albion Capital
Absa Bank (ASAJ.J: Quote, Profile, Research, Stock Buzz) 0.48 Asset Backed Arbitraged

Securities
Unibank (NDA1V.HE: Quote, Profile, Research, Stock Buzz) 0.45 Viking Asset

Securitisation

There are also a small number of specialised non-bank
sponsored conduits rated by Moody's; of these the largest are
the Ebury Finance ($23.65 billion) and Chesham Finance ($23.50
billion) vehicles set up by BSN Holdings Limited.