AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
The Securitization Conduit articles
A quarterly journal of papers focused on asset-backed securities market. Discusses how to evaluate specific classes of securities with respect to hedging, investment, and speculation and informs companies issuing securities about the securitization proces
Set up an RSS feed
Create a link to this page
Copy and paste this link tag into your Web page or blog:
The Securitization Conduit back issues
|
|
Recent articles from The Securitization Conduit
Securitize this! Collateralized debt obligations.(Letter from the Editors)(Editorial)
March 22, 2003... When two markets offer different values for the same or nearly the same commodity an arbitrage opportunity may present itself. An example of these one-commodity two-value-scenarios is the market for corporate loans and the market for securities backed by corporate loans--the market for...
I. Introduction.(Collateralised Loan Obligations (CLOs)--A Primer)
March 22, 2003... In the lexicon of previous decades financial intermediation occurred when banks and non-bank financial institutions, such as insurance companies, accepted funds from depositors or other investors and channelled these funds at some margin to businesses and households by means of lending....
II. Asset-backed securitisation--motivation and advantages of collateralised debt obligations (CDOs).(Collateralised Loan Obligations (CLOs)--A Primer)
March 22, 2003... The development of CDOs is closely associated with imperfections in capital markets, the management of credit risk exposure, the acquisition of an alternative method of asset funding and the illiquidity of asset claims held by banks due to an inherent absence of transparency. While...
III. The information economics of securitisation.(Collateralised Loan Obligations (CLOs)--A Primer)
March 22, 2003... The mechanics of bank-based loan securitisation lend themselves to models of information economics, as the sale of selected asset claims by issuers raises issues involving concepts of asymmetric information and decision-making under uncertainty. As much as the non-diversifiable idiosyncratic...
IV. Analytical consequences arising from the characteristics of securitisation.(Collateralised Loan Obligations (CLOs)--A Primer)
March 22, 2003... Despite the aforementioned benefits associated with banks engaging themselves in loan sccuritisation, securitisation activities warrant the application of prudent conduct and due diligence. Otherwise, they could increase the overall risk profile of the issuer. Even though the securitisation...