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Electricity Debt Asset Securitization Research

Posted on:2003-12-04Degree:MasterType:Thesis
Country:ChinaCandidate:S Y ChenFull Text:PDF
GTID:2206360125455370Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
This paper analyses the reasons and risks of the assets of the electrical creditor' rights that being increasing right now. Based on study of Neo-Institutional Economics and Assets Securitisation, talked advantages of the principle of Assets backed Securities (ABS) of America, the paper designed Electrical Due Pass-through Securities (DPS) to dispose of the assets of electrical creditor's right that have been happened by the methods of the Assets Securitisation, and designed Electricity Fixed Payment Consume Bond (EPB) and Resident-Electricity Payment Consume Bond (RPB). These bonds issued by the Electricity Power Companies to the electrical consumers at the same times of the bond finance. For the loss of Assets of Electrical Creditor's right by the enterprises fail under the market system, this paper put forwarded and made full of descriptions to a new business -Electrical Power Insurance (EPI) forced by society, it been made up of Electrical Consumes Insurance and Electrical Sell Insurance. After the discuss of the surroundings in low and institutions for DPS, EPB and EPI, the paper have the conclusion that marketability measures should be used to process the problems in the market system. So it is necessary that make the institutional innovation in the risks management of Assets of Electrical Creditor's rights.
Keywords/Search Tags:the Assets Securitisation, the Pass-through Securities, the Fixed Payment Consume Bond, the Insurance
PDF Full Text Request
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