Discussion Of The Asset-backed Securities Pricing And Analysis Of The Actual Example

Since the successful issuance of the asset-backed securities (ABS) by China Development Bank (CDB)as a trial unit, many other commercial banks are actively preparing to issue the ABS as well. Aiming at the design and operation of this new financial tool, this article begins with the germination, promotion and scope of the ABS. And then it analyzes and summaries all the problems which may occur during the progress of the ABS. Meanwhile, the article discusses the steps especially on the risk, pricing and choice of the ABS assets pool. Taking the ABS of CDB as an example, the article discusses the actual operation problems in the promotion of the assets securitization in China. Furthermore, the article puts forward the basic thoughts and measure suggestion of the development of the domestic assets securitization.