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  • Securitisation Vehicle Diagram

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    Carnegie Smith
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    Synthetic securitisation may be defined as a securitization whose originator does not transfer the assets. It is a form of'securitisation' in which the underlying assets are assumed by the vehicle. The vehicle assumes the economic rights and risks relating to the assets by means of a package of agreements with the originator and other parties.

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    Synthetic securitisation may be defined as a securitization whose originator does not transfer the assets. It is a form of'securitisation' in which the underlying assets are assumed by the vehicle. The vehicle assumes the economic rights and risks relating to the assets by means of a package of agreements with the originator and other parties.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    183 views1 page

    Securitisation Vehicle Diagram

    Uploaded by

    Carnegie Smith
    Synthetic securitisation may be defined as a securitization whose originator does not transfer the assets. It is a form of'securitisation' in which the underlying assets are assumed by the vehicle. The vehicle assumes the economic rights and risks relating to the assets by means of a package of agreements with the originator and other parties.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    Parties involved

    I NVE S TORS

    AU D I TOR

    F I D UCI ARY RE PRE SE N TAT IVE

    3. Return / yield 1. Investment 4. Repayment of principal

    Rating conferred

    SECURITISATION VEHICLE

    ORI G I NATOR
    2. Purchase price

    R AT I NG AGE N CY

    4. Sales proceeds

    3. Income

    Risk valued

    A S SE T S / RI SKS
    2. Transfer of underlying

    A S SE T S / RI SKS

    Synthetic securitisation may be dened as a

    securitisation whose originator does not transfer the assets . The securitisation vehicle assumes the economic rights and risks relating to the underlying assets by means of a package of agreements with the originator and other parties.

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