Asset backed commercial paper program

作者: Hans Bald

DOI:

关键词: Financial systemCredit historyLiquidity crisisCredit riskFinanceCredit crunchBusinessAccounting liquidityMarket liquidityCredit referenceLiquidity risk

摘要: In general, in one aspect, the invention includes an asset backed securities structure. The structure a first and second liquidity and/or credit provider entity structured to acquire interest financial assets from sellers (and issue plurality of investors notes by assets). also agreement between providers. provides that when funding is required, (i.e., subordinate) contributes amount up predetermined commitment level senior) additional only if contributed less than required amount. Contributions may be realized purchase acquired Company sellers. some implementations, such upon repayment providers, receives payments sufficient repay and, funds exist, lesser available or provider. another method issuing entity. (i) acquiring interests sellers; (ii) Notes where back issued Notes; (iii) paying on investors; (iv) drawing Drawing maximum then after has been drawn.

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