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资产证券化是指将流动性不足的贷款和其他债务工具包装成流动性强的证券,并辅以信用增强措施促进证券的出售。简而言之,就是银行以贷款资产作为担保发行债券融资。 与国外相比,国内银行开展房贷证券化更有优势。因为国内个人住房抵押贷款质量较高,流动性也更强。
Securitization refers to the packaging of illiquid loans and other debt instruments into highly liquid securities backed by credit enhancement measures to facilitate the sale of securities. In short, the bank issues debt financing with loan assets as a guarantee. Compared with foreign countries, domestic banks to carry out mortgage securitization more advantages. Because of the high quality of domestic personal housing mortgage loans, liquidity is stronger.