摘要
本文分析了国际上不良资产证券化的现状和特点,并从不良资产证券化与正常信贷资产证券化的比较分析角度,研究不良资产证券化在结构设计、制度安排、定价等问题上的共性特征,从理论上说明不良资产证券化的可行性。
Based on analyses of international situation and features of securitization of Non - performing loans ( NPLs), the author compares the securitization of NPLs and normal credit loans and studies the common characters in terms of structural design, institutional arrangement and pricing. Finally, the author theoretically explains the feasibility of securitization of NPLs.
出处
《金融研究》
CSSCI
北大核心
2004年第4期23-36,共14页
Journal of Financial Research
基金
本文为中国工商银行博士后研究课题"不良资产证券化"分课题。
关键词
不良资产
证券化
交易结构
NPLs, securitization, trading structure
