ABS Programs Design Of Rail Transit Project Construction Of The F Section

City rail transit has advantages of large carrying capacity, small area occupied, fast, punctuality, safety, and environmental protection, is an important approach to solve the city’s traffic and environmental problems, has important significance to the city’s economy and society development. However, our country’s transportation construction encounter troubles in aspects of extremely lack of fund, deficiency in financing channel and the degree of marketization. In the new normal state of the economy, the local government’ revenue decline, and the risk of debt is outstanding, the traditional rail transit financing mode relying on the combination of government investment and bank loans is facing a serious dilemma. Therefore, exploring the innovative financing mode more diversification and marketable is an inevitable choice to solve the financing problems of rail transit.Based on the full study of present financing situation of F section rail transit, we summarizes the domestic and foreign existing rail transit financing experience and probes into several new financing modes which use frequently, including BOT, PPP, multi industry investment fund and the asset securitization financing mode, analyzes their characteristics and the problems in the application of construction of rail traffic respectively, through the comprehensive evaluation, we conclude that the asset securitization financing mode is more suitable for the financing of construction of F section rail transit in present stage.Then, we put forward the asset securitization financing scheme based on F section metro line two ticket revenue right. We forecast the passenger flow and ticket revenue of the metro line two, and test the sensitivity, in order to provide data support for the scheme design. Then we design the scheme, which contain the construction of the asset pool, building SPV, credit enhancement, transaction structure, specific financing plan, the order of repayment of principal and interest, the financial effect analysis, risk assessment.