资产池

基于经济周期的CDO资产池构建方法研究

Research on the Construction Method of a CDO Asset Pool Based on Economic Cycle

再此基础上提出了风险的避险措施，最后创新性的提出VaR法就是控制和计算资产池资产风险的方法之一。

After that it raises anti-risk methods . Finally it brings forth a new idea of VaR method , which is the method of controlling and calculating asset pool asset risk .

由IMF新发行2500亿美元特别提款权的提议，将充实世界的储备资产池，为新兴和发展中经济体松绑。

The proposed new issuance of $ 250bn of special drawing rights by the IMF would increase the world 's pool of reserve assets , freeing the hands of emerging and developing economies .

从住房抵押贷款证券化的概念和基本运作流程入手，说明信用对基础资产池的供给和MBS的运作的重要性。

This essay illustrates the importance of credit to the supply of asset pool and the operation of MBS from the accept and the basic operation process of MBS .

其交易架构包括资产池的构造、SPV的设立、信用增级以及风险控制等。

The operation frame of the student loan securitization includes the formation of assets pool , the establishment of SPV , credit enhancement , risk management and so on .

这份韦尔斯通知标志着，SEC首次寻求就CDO的评级对评级机构提起诉讼。CDO与住房抵押贷款资产池相关。

The Wells notice marks the first time the SEC has sought to pursue charges against a ratings company in connection with its rating of a CDO , linked to pools of residential mortgages .

但当抵押贷款支持证券被重新包装成债务抵押债券（CDO，基于其它资产池的复杂债务证券），Intex这种语言的局限性就突显出来。

The limits of the language came when mortgage-backed securities were repackaged into collateralised debt obligations ( CDOs ), complex debt securities based on pools of other assets .

笔者以股票和ETF基金为两种资产池选择现货组合，分别以完全复制法、市值抽样法、分层抽样法、逐步回归选择法和最小跟踪误差法计算组合权重。

The author shares and etfs fund for two of the asset pool choose spot combination , respectively by a complete copy method , market capitalization weight method , the stratified sampling method and tracking error method to calculate the minimum combination weights .

在计算方面，我们运用快速傅里叶变换以及逆变换给出了CDO参考资产池损失的计算方法，并且做了数值模拟，在此基础上就可以得到CDO各分券层的合理信用利差。

As for calculation , we apply Fast Fourier Transform and the inverse transform to give the calculation method of CDO reference assets pool loss , carry out numerical simulation and on this basis obtain the fairy credit spread of every CDO tranche . 2 .

知识产权证券化中资产池的构建不动产证券化初探

Construction of the Assets Pool in the Securitisation Intellectual Property Right

资产池分析主要是指资产质量和资产分散度分析；

Asset pool analysis mainly concerns on asset quality and diversity .

药品知识产权证券化资产池构建的理论探析

Construction of the asset pool of pharmaceutical intellectual property securitization

资产池变动的方式主要有更新、让与和信托三种方式。

Asset pool changes , updates , and trust in three ways .

安全的定义是不断变化的，安全资产池也随着认知的变化而变化。

The definition of safety is fluid and the pool of safe assets changes with perception .

资产池设计是我国商业银行不良资产证券化过程中重要环节之一。

The design of asset pool is the important part in the process of such a securitization .

在知识产权证券化的过程中资产池的构建是相当重要的。

The construction of the assets pool is quite important in the course of intellectual property right securitisation .

除资产池所面临的所有信用风险之外，评级机构还关注与资产支持型证券相关的特定风险。

Beyond the overall credit risks of the asset pool , the agencies look at risks specific to ABS .

文章还着重分析了资产池的现金流状况以及证券发行的成本与收益。

It also attaches much emphasis on the analysis of the assets pool cash flow and securities income / cost .

本文在充分考虑诸多因素的情况下，模拟汽车信贷资产池并设计了我国汽车消费信贷资产的证券化模式及其信息披露方案。

It simulates an assets pool and designs the feasible auto credit AS model and also an information disclosure scheme .

它们是一些定制的证券，其价值取决于按揭及贷款等其它信贷资产池。

These are bespoke securities whose value depends on pools of other credit assets , such as mortgages and loans .

治理这个资产池将由独立董事会聘用的外部经理管理，独立董事会负责监督。

Governance . The asset pool would be managed by external managers hired by an independent board , which would provide supervision .

抵押凭证既是抵押资产池的所有权凭证，又是这一资产池作保证的债务。

A mortgage-backed security is either an ownership claim in a pool of mortgages or an obligation that is secured by such a pool .

他们的结构金融队伍主要负责评估债务抵押债券，这是从各种标的信用工具的资产池中衍生出来的证券。

The structured finance team rates collateralized debt obligations , or " cdos ," which are securities derived from a pool of underlying credit instruments .

金融机构交易平台拥有的模型，甚至能让它们对其复杂的资产池未来的报价做出上下误差不到5%的价格预测。

Trading desks in financial institutions have models that allow them to predict prices to within 5 per cent of what would be offered for even their complex asset pools .

优化资产池的构建，就是降低投资风险的保证，就是实现预期稳定持续现金流的保证。

Optimizing the construction of the assets pool is the assurance of reducing the investment risk . It can realize the assurance of the steady lasting cash flow of expectancy .

首先我们必须增加交易信息的透明，尤其是资产池贷款构成和利息收取的状况，并根据实际情况增加商业银行表外业务的信息披露。

First we must increase trade information especially asset pool loans composition and the condition of the charge interest and increase business bank off-balance-sheet information disclosure according to the actual situation .

受益证券清偿后，资产池之剩余财产应依资产信托证券化计划，分配与残值受益人。

After the beneficial securities have been paid off , the remaining property in the asset pool shall be distributed to the residual beneficiary in accordance with the Assets Trust securitization plan .

并尝试用稳健主成分方法解决不良资产池中经常出现的离群值现象，实证表明能够对离群值起到很好抵抗作用。

It suggests using robust main component analysis to solve outliers frequently occur in nonperforming assets pool . The empirical results show that revised method and the new robust estimator can perfectly resist outliers .

一旦完成，它将与其它交易一道，在风险转移、可执行性、资产池质量等方面接受有效性测试，然后由国务院批准建立一个全新的证券化市场。

Once completed , it will be tested along with the rest on effectiveness of risk transfer , enforceability , asset pool quality and the like , before the State Council gives the green light to an all-new securitisation market .

1999年欧元问世时，人们通常预计欧元将会与美元竞争全球储备货币的地位，它将消除欧洲不同国家货币间的汇率风险，并作为一个庞大而统一的资产池的基础。

Upon its launch in 1999 , the euro was often predicted to rival the dollar as a global reserve asset , eliminating the exchange rate risk between different European currencies and forming the basis of a large and unified pool of assets .