Title:
A BRIEF ANALYSIS OF THE BASIC ASSETS OF ASSET-BACKED BILLS

Authors:
Lin Wang, China

Abstract:

In recent years, asset-backed bills have been continuously innovated and developed, effectively helping enterprises to achieve low-cost and low-risk financing. As an important part of the asset-backed notes, the underlying assets play an important role in the process of the asset-backed notes. How to reasonably construct the asset pool, fully activate the basic assets, and effectively control the risks related to the basic assets is a subject worthy of further study. Combined with the current national policy orientation, the current asset-backed bill market situation and investors' preferences, the author studied the common basic assets in the market. In this paper, from the formation conditions and function characteristics of the underlying assets, as well as the financing needs of most enterprises with low threshold, low cost, low risk and flexibility, combined with cases, in-depth analysis of the underlying asset risk of asset-backed bills, and put forward feasible and constructive countermeasures and suggestions for the underlying asset risk in the asset-backed bills.