Theoretical and Applied Economics
No. 11 / 2014 (600)
Covered bonds vs. assets securitization
University of Craiova, Romania
Abstract. During the past few years, in the recent post-crisis global banking and capital markets context, financial institutions around the globe are exploring new options to better secure their financing and refinancing demands. We will exhibit herewith a comparison between covered bonds and asset securitizations as financial markets-based funding techniques, highlighting certain key structuring and implementation specifics on each of them.
Contents
Enhancing the capacity for innovation of public administration. An exploratory study on e-Governance, ICT, knowledge management in Romania
Exchange rates and foreign exchange reserves in Turkey: nonlinear and frequency domain causality approach
The challenges of accounting profession as generated by controlling
A cross-country comparison of the personal income tax systems progressivity
Covered bonds vs. assets securitization
A mark-up model of inflation for Morocco
Economic benefits of the infrastructure projects implemented in the Reservation of the Danube Delta Biosphere
Ontological constraints on rational irrationality: the case of electoral preferences
Relationship between the misalignment of the real exchange rate and capital flight in the developing countries
The leadership role of a local public administration CIO: the case of Bucharest