• 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
PRIMARY MARKET`s PROCEDURE MANUAL BOLSA DE
PRIMARY MARKET`s PROCEDURE MANUAL BOLSA DE

... 5. Blocking of Securities: In order to trade, Primary Issues must be blocked at least one day before the beginning of trading. This prior deposit, whether of physical securities, global securities, macro-titles or dematerialized securities must be done at any Custody and Settlement Center, Transfer ...
statement on subprime mortgage lending
statement on subprime mortgage lending

Liquidity Measurement and Management
Liquidity Measurement and Management

Shadow Banking and Financial Stability
Shadow Banking and Financial Stability

Financial planning
Financial planning

A Project Report Presentation On *SBI Mutual Fund
A Project Report Presentation On *SBI Mutual Fund

... • Available for sale and repurchase at all times based on the net asset value (NAV) per unit. ...
Financial Statement Analysis of Depository
Financial Statement Analysis of Depository

... Data for banks is available from the Uniform Bank Performance Report (UBPR). UBPR developed by the Fed, FDIC, and office of the comptroller of Currency so that there would be a standardized way to compare institutions. Also peer group and state reports for comparable banks. ...
General Principals of Accounting
General Principals of Accounting

... • Cost of Capital is the price the investor must pay for the cash needed to make an investment • The Cash flow is the revenue an entity receives from its investments in buildings, equipment, or programs • Historical costs of Investment • Replacement cost of Investment • Current Market Value of Inves ...
the exchange rate
the exchange rate

... ● First, some of the results may be interpreted as lending support to concerns expressed by policymakers in EMEs. In particular, EMEs have been adversely affected by pro-cyclical effects of QE policies, inducing capital outflows from EMEs when capital is scarce and pushing capital into EMEs, driving ...
R i
R i

Risk Free Discount Rates under AASB 1038 1
Risk Free Discount Rates under AASB 1038 1

... Situations may arise where the present value of the planned margin of revenues over expenses for a group of related products will be adjusted as a result of changing underlying assumptions to the extent that the planned margin is eliminated and becomes a planned loss. That is, a review of expected f ...
Study Unit 2 - CMAPrepCourse
Study Unit 2 - CMAPrepCourse

Interest Rate Swaps – example 11
Interest Rate Swaps – example 11

... At 31 December 2011 and at 31 December 2012, the prime interest rate was expected to remain 14% for the remaining life of the bonds. Assume that the fair value on the hedged item is the same as that of the hedging instrument for the years ended 31 December 2011 and 31 December 2012. You are required ...
Negotiable/Transferable Instruments Conventions
Negotiable/Transferable Instruments Conventions

... addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time, a sum certain in money or to the order of a specific person, or to bearer. At a more practical level a bill of exchange is gene ...
Commercial Real Estate Finance Leaders Expect Favorable Market
Commercial Real Estate Finance Leaders Expect Favorable Market

... Respondents believe commercial real estate markets are fundamentally sound. Construction activity is expected to be at or above the average historical rate of 1.9% of existing building stock. ...
sample - Test Bank College
sample - Test Bank College

... secondary markets for many types of debt securities. Explain how such a lack of liquidity would affect the prices of the debt securities in the secondary markets. ANSWER: Investors were less willing to invest in many debt securities because they were concerned that these securities might default. As ...
SPECIAL ASPECTS OF BANKS INVESTMENT ACTIVITY IN UKRAINE
SPECIAL ASPECTS OF BANKS INVESTMENT ACTIVITY IN UKRAINE

... the purpose of obtaining income from transactions with securities from operations long-term funding for ...
DC after the Budget: is your default dangerous?
DC after the Budget: is your default dangerous?

The Year Ahead in Healthcare Convertible Bonds
The Year Ahead in Healthcare Convertible Bonds

... Investors – in Healthcare or otherwise – dislike uncertainty. The less certain the data is that investor projections are based on, the less of a valuation multiple the related assets will be able to attain. With the 2016 election cycle looming, this will become especially important in the Healthcare ...
EACRA letter to OECD on HLP_LTI april 2013
EACRA letter to OECD on HLP_LTI april 2013

MS PowerPoint Slides
MS PowerPoint Slides

... Cash in hand Loan from bank ...
Exploring the statistical potential of micro-databases
Exploring the statistical potential of micro-databases

... taken into account and permits analysts to calculate marginal, rather than average effects. The micro-databases developed by Banco de Portugal contain detailed data on balance sheet positions of the MFI, OFI, NFC and households sectors, and allow to analyse leverage, liquidity, and market exposures ...
What if Interest Rates Rise? A Special Commentary Series
What if Interest Rates Rise? A Special Commentary Series

... We have thus far avoided discussion of the Federal Reserve’s (Fed) ability to cause interest rates to rise. This is not an oversight; rather it’s an acknowledgement that the Fed’s influence in the fixed income markets is both unprecedented and somewhat opaque. Starting in the latter days of the 2008 ...
power consistency - Voya Investment Management
power consistency - Voya Investment Management

... Domestic Equity: Exposure to financial and market risks that accompany investments in equities. Markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market or economic developments. Small-cap stocks may be more volatile and less liquid than stocks ...
Portfolio Perspectives - Ryan Wealth Management
Portfolio Perspectives - Ryan Wealth Management

... profitability is more consistent than we might expect. Investors are always looking forward, so may not pay as much attention to what profitability is today as what they think it may be several years down the road. Additionally, many investors likely assume that current profitability may erode over ...
< 1 ... 151 152 153 154 155 156 157 158 159 ... 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