Skip to main content
SpringerLink
Log in

An Introduction to Asset-Backed Securities and Securitisation

  • Chapter
Capital Market Instruments

  • 755 Accesses

Abstract

In this chapter we introduce the basic concepts of securitisation and look at the motivation behind their use, as well as their economic impact. We illustrate the process with a brief hypothetical case study. We also describe the ‘in-house’ deal, a response by banks to the 2007–8 credit crunch.

This chapter was co-authored with Anuk Teasdale of YieldCurve.com.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 119.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References and bibliography

  • Bhattacharya, A. and Fabozzi, F. (eds) Asset-Backed Securities, FJF Associates, 1996.

    Google Scholar 

  • CFSB, Credit Risk Transfer, 2 May 2003.

    Google Scholar 

  • Choudhry, M. The Bond and Money Markets: Strategy, Trading, Analysis, Butterworth-Heinemann, 2001.

    Google Scholar 

  • Choudhry, M. Bank Asset and Liability Management, Wiley Asia (2007).

    Google Scholar 

  • Choudhry, M. Structured Credit Products, 2nd edition, Wiley Asia (2010).

    Book  Google Scholar 

  • Hayre, L. (ed.), The Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities, Wiley, 2001.

    Google Scholar 

  • Martellini, L., Priaulet, P. and Priaulet, S. Fixed Income Securities, Wiley, 2003.

    Google Scholar 

  • Morris, D. Asset Securitisation: Principles and Practices, Executive Enterprise, 1990.

    Google Scholar 

  • Sundaresan, S. Fixed Income Markets and their Derivatives, South-Western Publishing, 1997, ch. 9.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Europe Arad Bank plc, London, UK

    Moorad Choudhry (Head of Treasury) & Gino Landuyt (Head of Treasury Sales)

  2. Thomson Reuters-Risk in North Asia, Hong Kong, China

    Didier Joannas (Regional Director)

  3. UBS AG prime services, London, UK

    Rod Pienaar (Executive Director)

Authors
  1. Moorad Choudhry
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Didier Joannas
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Gino Landuyt
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. Richard Pereira
    View author publications

    You can also search for this author in PubMed Google Scholar

  5. Rod Pienaar
    View author publications

    You can also search for this author in PubMed Google Scholar

Copyright information

© 2010 Moorad Choudhry, Didier Joannas, Gino Landuyt, Richard Pereira and Rod Pienaar

About this chapter

Cite this chapter

Choudhry, M., Joannas, D., Landuyt, G., Pereira, R., Pienaar, R. (2010). An Introduction to Asset-Backed Securities and Securitisation. In: Capital Market Instruments. Palgrave Macmillan, London. https://doi.org/10.1057/9780230279384_12

Download citation

Publish with us

Policies and ethics

Search

Navigation