Vol. 6 No. 1-4, March 2003
Index
- Securitize this! Collateralized debt obligations.
- I. Introduction.
- II. Asset-backed securitisation--motivation and advantages of collateralised debt obligations (CDOs).
- III. The information economics of securitisation.
- IV. Analytical consequences arising from the characteristics of securitisation.
- V. Credit enhancement.
- VI. Effects of securitisation on the loan portfolio composition (loan book), credit risk exposure, asset funding of banks and banking regulation.
- Appendix I: the regulatory treatment of asset securitisation--the bis proposals on securitisation.
- Appendix II: ABS payment structures.
- Appendix III: the characteristics of securitisation.
- Endnotes.
- References.