We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Analysis of Credit Risks in Asset-Backed Securitization Transactions in Singapore.
- Authors
Tien Foo Sing; Seow Eng Ong; Gangzhi Fan, Marcel A. J.; Sirmans, C. F.
- Abstract
Asset-backed securitization (ABS) is a creative arrangement for raising funds through the issuance of marketable securities backed by predictable future cash flows from revenue-producing assets. In the Singapore context, ABS is mainly referred to a contractual arrangement whereby debt instruments backed by cash flows generated from real estate assets are scrutinized into tradable interests and offered for investment purposes in the capital market. Authors of this article apply a theoretical default-risky swaps valuation model to evaluate credit risks in ABS bonds in Singapore.
- Subjects
SINGAPORE; ASSET backed financing; CREDIT risk; CASH flow; CAPITAL market; ASSETS (Accounting); RISK assessment
- Publication
Journal of Real Estate Finance & Economics, 2004, Vol 28, Issue 2/3, p235
- ISSN
0895-5638
- Publication type
Article
- DOI
10.1023/B:REAL.0000011155.30320.73