search query: @indexterm SECURITIZATION / total: 24
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| Author: | Moors de Giorgio, E. |
| Title: | Securitisation: a viable finance alternative? |
| Journal: | African Business
1998 : JAN, 228, p. 36-38 |
| Index terms: | SECURITIZATION FINANCE RISK |
| Language: | eng |
| Abstract: | Securitisations became popular at the beginning of the 1980s in the United States when privately negotiated instruments, such as home mortgages or car loans, were bundled up together and used as collateral for the issuance of securities. By securitising future cash flows, companies were able to access financing over the medium term, generally through the issue of either floating-rate notes (FRNs) in the eurobond markets, or of note issuance facilities on the back of which short-term securities could later be issued if and when needed. |
SCIMA