• Study Resource
  • Explore Categories
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Hedging Inflation
Hedging Inflation

... may begin to demand higher yields on new TIPS. And as with other bonds, those higher yields would depress the market prices of older bonds whose yields no longer look so attractive.8 U.S. Savings Bonds Series I (I Bonds) - have an annual interest rate that reflects the combined effects of a fixed ra ...
DNB Bank International Bond Portfolio
DNB Bank International Bond Portfolio

... The Note has been distributed by the Singapore branch of DNB Bank ASA. It is intended for general circulation and does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should seek advice from a financial adviser regarding ...
The American Mortgage in Historical and International Context
The American Mortgage in Historical and International Context

- FRASER (St.Louis Fed)
- FRASER (St.Louis Fed)

University of Louisville Endowment Fund Statement of Investment
University of Louisville Endowment Fund Statement of Investment

... converted must be listed on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), or the National Association of Securities Dealers Automated Quote System (NASDAQ), or, for foreign securities, equivalent exchanges in their country of domicile. Any other securities or investment veh ...
TITLE SLIDE IS IN SENTENCE CASE. GREEN BACKGROUND
TITLE SLIDE IS IN SENTENCE CASE. GREEN BACKGROUND

words
words

... Upon the closing of the Merger (as defined in the most recent report of Harrah’s Entertainment, Inc. (“Harrah’s Entertainment”) on Form 10-K, filed March 17, 2009), Harrah’s Operating entered into a seven-year $7,250 million term loan facility, all of which was drawn at the closing of the Merger. Ha ...
Problems and Reforms in Mortgage
Problems and Reforms in Mortgage

... capital or fund future business transactions. Debt instruments can take many forms – e.g., a note, bond, certificate, mortgage, or lease – and are usually secured by the issuer’s assets.6 In issuing a debt instrument, the company (referred to as the “issuer”) contractually agrees to pay the instrume ...
Rising Rates-What You Need to Know
Rising Rates-What You Need to Know

... interest rates decline, bond prices tend to rise. Likewise, the share price of a fixed income mutual fund may move up or down, depending on movements in interest rates and their effect on the value of the bonds held in the fund’s portfolio. ...
Download PDF
Download PDF

2.3 - United Nations Statistics Division
2.3 - United Nations Statistics Division

...  Financial corporations consist of all resident corporations that are principally engaged in providing financial services, including insurance and pension funding services, to other institutional units. • facilitate means of payments between other units • provide the means whereby units seeking add ...
Resolving China`s Corporate Debt Problem
Resolving China`s Corporate Debt Problem

... Bottom-up estimates from corporate data point to a sharper deterioration in repayment ability. ‘Loans potentially at risk’ are estimated at 15½ percent of total commercial bank loans to the corporate sector (they are defined as loans to borrowers that have an interest coverage ratio below one; estim ...
Using Risk Analysis to Classify Junk Bonds as Equity for Federal
Using Risk Analysis to Classify Junk Bonds as Equity for Federal

CGAP
CGAP

... 3 Loans with any payment overdue more than a year should probably be treated as losses for this purpose, whether or not they have been formally written off. 4 In the absence of any other basis for projecting, assume liquid assets totaling 25% of loan portfolio, or higher if necessary to accommodate ...
Chapter 5 The Time Value of Money
Chapter 5 The Time Value of Money

... These ratios measure the amount of outstanding debt relative to total assets, total capital, or the amount of equity. Flow ratios include times-interest-earned and cash flow debt ratio. Both stock and flow financial leverage ratios are used by the bond-rating agencies and others as a quick check on ...
Format pdf
Format pdf

UnitedHealth Group Second Quarter 2016 Form 10-Q
UnitedHealth Group Second Quarter 2016 Form 10-Q

... Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to su ...
FM11 Ch 14 Instructors Manual
FM11 Ch 14 Instructors Manual

... function, and when specific tasks are to be accomplished. The financial plan details the financial aspects of the corporation’s operating plan. In addition to an analysis of the firm’s current financial condition, the financial plan normally includes a sales forecast, the capital budget, the cash bu ...
Equity Trading Strategy
Equity Trading Strategy

... notice. Any past performance, projection, forecast or simulation of results is not necessarily indicative of the future or li kely performance of any investment. There is no assurance that the credit ratings of any securities mentioned in this publication will remain in effect for any given period o ...
Credit Card Debt and Consumption
Credit Card Debt and Consumption

... currently making more than 350 billion transactions of less than $5, representing $1.32 trillion. Since credit cards have become a major vehicle for carrying out and financing consumption, it is important to specifically gauge the impact of this financial instrument. To the best of our knowledge no ...
FREE Sample Here
FREE Sample Here

... lowered interest charges and consequently increased net income and EPS. If we had to increase assets, then we would have had to finance this increase by adding either debt or equity, which would have lowered ROE and EPS, other things held constant. Finally, note that we could have asked some concept ...
Moody`s first report on Mongolia`s banking sector
Moody`s first report on Mongolia`s banking sector

FRBSF E CONOMIC Rising Junk Bond Yields: Liquidity or Credit Concerns?
FRBSF E CONOMIC Rising Junk Bond Yields: Liquidity or Credit Concerns?

3.01 part 2
3.01 part 2

FREE Sample Here
FREE Sample Here

... lowered interest charges and consequently increased net income and EPS. If we had to increase assets, then we would have had to finance this increase by adding either debt or equity, which would have lowered ROE and EPS, other things held constant. Finally, note that we could have asked some concept ...
< 1 ... 108 109 110 111 112 113 114 115 116 ... 257 >

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
  • studyres.com © 2026
  • DMCA
  • Privacy
  • Terms
  • Report