scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 3,543
Table of Contents Executive summary 2 Letter of transmittal 3 Development and growth of securitisation5 Securitisation Structure 7 Securitisation and the Capital Market 9 Securitisation and the Capital Market 11 Future Direction and Growth of Securitisation in the Capital Markets 13 Appendix 15 Bibliography 16 References18 Executive Summary This report outlines the introduction and development of securitisation looking at its origins in the American markets and its introduction and subsequent growth in the Australian market The high levels of growth lie in the deregulation of the banking industry which has lead to the emergence of more sophisticated financial instruments including the increased usage of securitisation as a process of selling off non-marketable assets to generate funds and manage the structure of the balance sheet The growth in securitisation has impacted on both the global capital markets and the housing markets Its growth created borrowing opportunities for companies that would have otherwise found it difficult access large amounts of funding It has also helped to reduce the cost of funds for financial institutions and assisted in developing a more competitive housing loan market with non ADIs and increasingly regional banks are using securitisation as a means of increasing their funding capacity Yet the securitisation market is ever evolving with the introduction of Basel II in 2007 impacting of the future level of securitisation Furthermore as financial instruments become more sophisticated it is expected that the types of assets being securitised will also evolve Letter of Transmittal TO Ms Julie Marget FROM Lucy Dron DATE 9 September 2004 SUBJECT The capital markets process of securitisation Here is the business report requested at the beginning of semester 2 detailing the development of capital markets in Australia and overseas The report explores the origins of securitisation its structure
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA