Multi-tranche securitisation structures: more than just a zero-sum game?

Autor:	Miguel A. Peña-Cerezo, Arturo Rodríguez-Castellanos, Francisco J. Ibáñez-Hernández
Rok vydání:	2018
Předmět:	050208 finance Degree (graph theory) Zero-sum game Yield (finance) Bond 0502 economics and business 05 social sciences Economics Econometrics and Finance (miscellaneous) Tranche Structuring Mathematical economics Mathematics
Zdroj:	The European Journal of Finance. 25:167-189
ISSN:	1466-4364 1351-847X
DOI:	10.1080/1351847x.2018.1505648
Popis:	This paper explains multi-tranche structuring and the yield that securitisation bonds offer by incorporating several factors into a comprehensive model. Results indicate that the degree of complexi...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d683911151a74bec0750ffe908652cea https://doi.org/10.1080/1351847x.2018.1505648 Zobrazit plný text záznamu