"The Analysis of Structured Securities" presents the first intellectually defensible framework for systematic assessment of the credit quality of structured securities. It begins with a detailed description and critique of methods used to rate asset-backed securities, collateralized debt obligations and asset-backed commercial paper. The book then proposes a single replacement paradigm capable of granular, dynamic results. It offers extensive guidance on using numerical methods in cash flow modeling, as well as a groundbreaking section on trigger optimization. Casework on applying the method to automobile ABS, CDOs-of-ABS and aircraft-lease securitizations is also presented. This book is essential reading for practitioners who seek higher precision, efficiency and control in managing their structured exposures.
發表於2024-11-20
The Analysis of Structured Securities 2024 pdf epub mobi 電子書 下載
圖書標籤: 投資銀行
The Analysis of Structured Securities 2024 pdf epub mobi 電子書 下載