Нравится LibRing?
Расскажи друзьям:
Charles Austin Stone, Anne Zissu

The Securitization Markets Handbook: Issuing and Investing in Mortgage- and Asset-Backed Securities

Книгу можно купить в интернет-магазинах:

· OZON.ru 2303р. [Проверить наличие]
ISBN: 1576601382
Издательство: Bloomberg Press
Год издания: 2005
Страниц: 352
Securitization is a corporate funding technique that is widely adopted by financial and industrial companies throughout the world, used to finance both working capital and capital budgets. Importantly, it is also used as a risk management tool and a source of liquidity. Securitization has been adapted to fund corporate acquisitions, capitalize future streams of revenue, and to liquidate pools of nonperforming loans. In this book securitization experts Charles Stone and Anne Zissu provide a practical explanation of how securitization works and explain how future cash flows from various asset classes--from credit card receipts and mortgage payments to movie royalties--can be packaged into bond-like products and sold to investors. The discussion includes descriptions of all major classes of asset-backed securities and offers a practice-oriented commentary on trends in securitization and the value of asset- and mortgage-backed securities across industries and throughout the global markets.