Design Of Credit Asset Securitization Pool In China

China’s commercial banks by conducting credit asset securitization business, helping to promote the transformation and upgrading of traditional business model of bank assets to help reduce the bank’s capital occupied, enhanced liquidity, enhance the ability to support the real economy, virtual economy, but also help to increase investment instruments, to meet the investment needs of more investors. The choice of credit assets into the asset pool, how the combination of selected assets, and how risk and return level of scientific and objective evaluation of the asset pool, the pool of assets is designed to play a crucial role in affecting our credit asset securitization process. Take effective measures related asset pool design to obtain a low level of risk in the context of higher earnings, or at a certain income level to reduce the risk of credit asset securitization is a key step.Based on the asset securitization theory and practice of domestic and foreign scholars on the first and main theoretical models of credit asset securitization asset pool designs were analyzed to establish the asset pool design KMV model with a combination of portfolio theory theoretical models; then come our credit asset securitization features through case history and current situation of credit asset securitization research and development of China, Bank of China asset securitization product analysis; and finally work on the basis of the foregoing, the use of simulated data of listed companies a pool of underlying assets, and gives the optimal asset pool design, verify the feasibility of the theory.