Research On The Impact Of Asset Securitization On Liquidity Management Of Bank Of NB

The continued downward economy,the complicated financial environment and changes in the interest rate market are the main features of the new normal economy.These new normal changes,constantly strengthen deleveraging trend and strict supervision have put forward higher requirements for the liquidity measurement,evaluation and management of commercial banks.As a liquidity supplementary tool,asset securitization has a place in the management of liquidity.Therefore,it is of practical significance to analyze the impact of asset securitization on the liquidity management of bank of NB.On the basis of domestic and foreign scholars' research,firstly,this thesis briefly analyzes the situation of liquidity index and asset liability maturity mismatch,and then get the problems of NB bank's liquidity management with the actual situation of bank of NB.Secondly,the paper aims at the asset securitization project of bank of NB “perpetual 2017-1” carries on the case analysis and finds the advantages and disadvantages through calculation and measurement of asset securitization comparing with other financing instruments in the cost of financing and the issuance of a long time.Thirdly,the paper analyzes that asset securitization has improved the effect of the mismatch of the time limit.Finally,combined with the actual data before and after issuance of bank of NB asset securitization,this paper discusses the impact of asset securitization on NB bank's financing structure and financing cost,and puts forward some measures to enhance bank of NB liquidity management.Compared with other active financing tools,the financing cost of asset securitization is relatively high,distribution period of asset securitization is relatively long.But it can effectively alleviate the "borrow short and lend long" condition;it can alleviate the pressure to absorb deposits,reduce the proportion of interbank liabilities;it can regulate the financing structure.To a certain extent,asset securitization can reduce the financing cost of bank of NB.