• 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
Invesco Short Term Bond Fund fact sheet
Invesco Short Term Bond Fund fact sheet

... Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Visit invesco.com/performance for the most recent month-end performance. Performance figures reflect reinvested distributions and changes in net asset value (NAV). Inves ...
credit risk management: the next great financial challenge
credit risk management: the next great financial challenge

... Basic Architecture of an Internal Ratings-Based (IRB) Approach to Capital • In order to become eligible for the IRB approach, a bank would first need to demonstrate that its internal rating system and processes are in accordance with the minimum standards and sound practice guidelines which will be ...
What Do Financial Market Indicators Tell Us?
What Do Financial Market Indicators Tell Us?

informed
informed

...  Only a theoretical ideal. Not possible as it can reveal strategic information and is not cost effective. ...
Syllabus - Baylor University
Syllabus - Baylor University

... Each investor group has the same amount of money to invest and their total net worth equals the value of all securities. In other words, all the interest income from muni’s as well as all corporate NOI mentioned above must flow through securities purchased by the three investor groups listed above. ...
CCT-eu: a new type of nominal floating rate bonds, indexed to
CCT-eu: a new type of nominal floating rate bonds, indexed to

... auction rates. The structure of the new instrument is very similar to that of ordinary floating rate securities issued in the euro area (both by sovereigns and corporate): interest is paid with semi-annual coupons in arrears indexed to the 6month Euribor rate of the second working day before the cou ...
Financing Infrastructure Through Capital Market
Financing Infrastructure Through Capital Market

... Structured as intermediary between infrastructure providers and capital markets Listed and rated bonds on market Created two subsidiaries:non profit capacity building fund and distressed bond company ...
Lindsey - Plain Local Schools
Lindsey - Plain Local Schools

... 1. Prosperity- people have jobs, spending is high, businesses sell what they are able to produce, businesses grow 2. Recession- gradual slowdown in business activity and consumer spending, jobs are harder to find, businesses are not growing, less money to spend on goods and services 3. Depression- b ...
Money ≈ credit
Money ≈ credit

... > Every member must grant as much credit as he receives > There is a fee of 0.1% for each transaction, to go into a default guarantee account > Monthly clearing of balances on the last day of each quarter, with debit balances exceeding EUR 5,000 payable in EUR fiat ...
CAMPUS POLICY
CAMPUS POLICY

... FOPPS (Fund Organization Program Project Sub-class) - Describes the unique set of information contained within a speed type from various chart fields. Fund Accounting- To ensure the observance of limitations and restrictions placed on the use of resources available to the University, the accounts ar ...
Discover
Discover

... June 2007 officially spun off from Morgan Stanley July 1, 2007 DFS Added To S&P 500 July 2, 2007 DFS Debuts On NYSE Sept. 25 2007 DFS Profit Falls in the 3rd quarter ER due to higher marketing and interest expenses • Dec. 3 2007 DFS to take big charge for UK card business in its 4th quarter ER (abou ...
Acc. Management
Acc. Management

4. definitions/terminologies
4. definitions/terminologies

LIQUIDITY
LIQUIDITY

... - Can provide liquidity through maturing securities, sale of securities for cash, pledging securities as collateral Asset Securitization - Transformation of a pool of assets into cash - Involves the transfer or sale of on-balance sheet assets to a third party who issues asset backed securities that ...
Voya Financial Advisors, Inc
Voya Financial Advisors, Inc

... solicitation of an offer to buy any security or (ii) a recommendation as to the advisability of investing in, purchasing or selling any security. Any opinions expressed herein reflect our judgment and are subject to change. Certain of the statements contained herein are statements of future expectat ...
Re-regulating finance: Using Minsky to Learn from the crisis  JAN KREGEL
Re-regulating finance: Using Minsky to Learn from the crisis JAN KREGEL

Speech by Mr. Ivan Iskrov, Governor of the BNB, at the spring
Speech by Mr. Ivan Iskrov, Governor of the BNB, at the spring

... of temporary nature. Firstly, these data reflect the return to some banks’ balance sheets of loans that were sold in the period of effect of credit restrictions. In addition, the accelerating rate of credit growth also reflects the replacement by some corporate clients of foreign financing with dome ...
Monthly Report on Banking and Financial System
Monthly Report on Banking and Financial System

... and appreciation of emerging market currencies. In particular the Mexican peso appreciated by 5.22% between 26 September and 27 October, making it the currency that has appreciated most among all emerging market currencies. On the Mexican stock market, which also showed a high degree of correlation ...
The current financial and economic crisis
The current financial and economic crisis

Slide 1
Slide 1

Fund or Die - Leasing News
Fund or Die - Leasing News

... company was violating its own Spot Loan Funding Agreement by using “Lines of credit” from warehouses — and not investor money— to fund loans. Financing with lines of credit is the usual means by which subprime and other mortgage lenders do business. The company signs an agreement with a warehouse, w ...
Bank Investment in Other Financial Institution Debt
Bank Investment in Other Financial Institution Debt

Threadneedle UK Select Fund
Threadneedle UK Select Fund

... acted upon prior to publication and is made available here incidentally. Any opinions expressed are made as at the date of publication but are subject to change without notice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be guaranteed ...
Invesco Great Wall Core Competence Mixed Securities Fund
Invesco Great Wall Core Competence Mixed Securities Fund

outlook 2017: executive summary
outlook 2017: executive summary

... forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Currency risk is a form of risk that arises from the change in price of one currency against another. Whenever investors or companies have assets or business operations across ...
< 1 ... 204 205 206 207 208 209 210 211 212 ... 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