Examples Of Product Design And Application Of The Securitization Of Credit Assets

China’s “12th Five-Year Outline of the Plan” has explicitly asked for" the steady progress inasset securitization ", the article think that can alleviate the situation of China’s banking andfinancial innovation have long lagged behind in economic development through the developmentof China’s characteristics, credit asset securitization business.Firstly, the article theoretically analyze the basic concepts of securitization of credit assets,classification criteria,deep principle and the situation of securitization of credit assets in China.By analyzing the actual situation in the commissioning process of securitization of credit assetsin China, the articale pointed out some of the problems that China’s development of in thesecuritization of credit assets, such as the pricing mechanism needs to be improved, the lack ofliquidity, supporting laws and regulations in need of development.Secondly, by using the basic theory of securitization of credit assets, I design a creditasset-backed securities, to show a set of product design process which is:1.determine thetransaction structure;2. forming a "pool of assets”;3.cash flow analysis;4.hierarchical design;5.product pricing;6.the use of model checking;7.benefit analysis and distribution programs.Through specific product designing, the article asset provide some example and technicalsupport for the asset securitization later to continue the pilot or the formal run of reference. Atthe same time, the product of this design is fit for our actual environment.By this design,thediscussion on "asset securitization" refined "face" to "point" and become implement...