Securitisation in Asia and the Pacific: implications for liquidity and credit risks

BIS Quarterly Review  |  June 2006  | 
12 June 2006
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 |  12 pages

A surge in structured finance in Asia and the Pacific has been driven by the securitisation of consumer loans and mortgages, a largely liquidity transforming activity. The securitisation of corporate debt in the region has so far seen relatively few deals but has a largely untapped potential to enhance the allocation of credit risks.

JEL classification: G150, G180, G210 and O160.