Professional Documents
Culture Documents
Securitisation Ofdebts
Securitisation Ofdebts
of financial instruments. It is a carefully structured process wherebyloans and other receivables are packaged,underwritten and sold in the form of AssetBacked Securities
PLAYERS IN SECURITISATION Obligor Originator Special Purpose Vehicle (SPV) Credit Rating Agency Underwriter Investors Agent and Trustee Enhancer/Insurer/Guarantor MODUS O PERANDI