Asset-backed commerical paper short-term investment vehicle commonly used by large corporations to raise capital to pay for their short-term liabilities.
考古赞 ... 公司制度信托( Corporation SPV)资产担保商业本票(Asset Backed Commercial Paper) ... exam.wespai.com|基于2个网页 3. 资产基础商业本票 ...领导者之一,在欧洲、美国乃至亚洲皆十分活跃,并且为资产基础商业本票(Asset Backed Commercial Paper)导管体(Conduit… ...
An asset-backed commercial paper conduit issues commercial paper backed by a receipt which corresponds to a partnership share in a trust that holds a municipal bond. A market value of the commercial paper corresponds to a market value of the receipt, and a control right of the commercial paper...
which are held by the conduit until they are converted to cash that is used to redeem the commercial paper. In addition to bringing borrowers and lenders together, sponsors provide administrative services tothe conduit and 1 Almost immediately after the first public deliberations of FIN 46, Cana...
asset-backed commercial paper; conduit; traditional securitization; credit enhancement structure; program-level enhancement Summary This chapter contains sections titled: Genesis of asset-backed commercial paper The ABCP market Types of ABCP conduits ABCPcollateral Credit enhancement structure Liquidity...
Our ABS clients include issuers, underwriters, originators, sponsors, managers, trustees, servicers, and investors in transactions ranging from publicly offered and privately placed securities to commercial paper conduit-funded and bank-funded warehouse transactions. We also frequently represent clients in ...
PNC to Wind Down ABCP Conduit The article reports that American financial services company PNC Financial Services Group has reduced Market Street Funding, an asset-backed commercial pap... S Todd - 《Structuredfinancenews Com》 被引量: 0发表: 2013年 The Risks of Risk Retention: There Is a Lo...
Rate Asset Backed Notes. (the "Class A-4b Notes" and, together with the Class A-4a Notes, the "Class A-4 Notes" and, such Class A-4 Notes, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 3.56% Asset Backed ...
It attributes the increase in the issuance of asset-backed commercial paper to conduits. According to WestLB spokesmen, less than 1 percent of the bank's assets in Greyhawk are exposed to subprime markets and its conduit is not ... C Mollenkamp,E Taylor,I Mcdonald - Wall Street Journal ...
First, the pool of conduit assets is used as collateral to secure the asset-backed commercial paper. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This ensures that the currency is asset-backed. From Wikipedia This example is from Wikipedia an...