ABCP Programs
The Northcross programs are fully-supported limited purpose financing vehicles primarily investing the proceeds of its Commercial Paper issuance in short term securities financing agreements with highly rated major banks.
All programs have a minimum A-1 / P-1 rating from Standards & Poor's and Moody's Investor Service.
Anglesea Funding
A secured and well-seasoned A-1/P-1 rated program, Anglesea is a daily issuer in the US and European fixed income markets. Established in 2005, it has managed over USD 2 trillion in cash flows since inception
Longship Funding
Launched in 2018 as part of the Avalon series, Longship is A-1+/P-1 single counterparty commercial paper program
Glencove Funding
Launched in 2018 as part of the Avalon series, Glencove is A-1/P-1 single counterparty commercial paper program
Great Bear Funding
Launched in 2021 as part of the Avalon series, Great Bear is A-1/P-1 single counterparty commercial paper program
Mainbeach Funding
Launched in 2024 as part of the Avalon series, Mainbeach is A-1/P-1 single counterparty commercial paper program
Lion Bay Funding
Launched in 2024 as part of the Avalon series, Lion Bay is A-1+/P-1 single counterparty commercial paper program
St. Lawrence Funding
Launched in 2025 as part of the Avalon series, St. Lawrence is A-1/P-1 single counterparty commercial paper program