Basel III and Asset Securitization

Asset securitization via special purpose entities involves the process of transforming assets into securities that are issued to investors. These investors hold the rights to payments supported by the cash flows from an asset pool held by the said entity. In this paper, we discuss the mechanism by w...

Full description

Bibliographic Details
Main Authors: M. Mpundu, M. A. Petersen, J. Mukuddem-Petersen, F. Gideon
Format: Article
Language:English
Published: Hindawi Limited 2013-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2013/439305