Difference between revisions of "Securitisation"

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(Link with Securitisation Regulation page.)
(Link with Prospectus Regulation page.)
 
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* [[Covered bond]]
 
* [[Covered bond]]
 
* [[Factoring]]
 
* [[Factoring]]
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* [[Prospectus Regulation]]
 
* [[Securitisation Regulation]]
 
* [[Securitisation Regulation]]
 
* [[Securitisation special purpose vehicle]]
 
* [[Securitisation special purpose vehicle]]

Latest revision as of 17:53, 17 July 2019

1.

The process of converting non-tradable assets into tradable securities.

This is often undertaken through a securitisation special purpose vehicle.


The credit risk of the assets is divided into tranches, and payments to the investors are dependent on the performance of the assets.

When a special purpose vehicle is used, the assets are transferred to the special purpose vehicle, which then issues securities.


2.

The tradable securities created by the securitisation process.


3.

The trend for larger non-financial companies to use less bank lending facilities and instead to issue their own securities direct to the markets.


See also


Other links

The return of securitisation, The Treasurer, July 2013