Asset-backed securities field guide: Difference between revisions

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{{a|repack|}}
{{a|repack|}}=== Transformation ===
 
=== Transformation ===
Financial services are not immune to the civilisational sweep of the information revolution. As the consumer world glommed onto digital watches, space invaders calculators, Donkey Kong and the graphic user interface so was the banking world being rocked by  a Cambrian explosion of sophisticated financial engineering. [[Swap]]<nowiki/>s, [[securitisation]]<nowiki/>s and investment management mushroomed in the nineteen-eighties.  
Financial services are not immune to the civilisational sweep of the information revolution. As the consumer world glommed onto digital watches, space invaders calculators, Donkey Kong and the graphic user interface so was the banking world being rocked by  a Cambrian explosion of sophisticated financial engineering. [[Swap]]<nowiki/>s, [[securitisation]]<nowiki/>s and investment management mushroomed in the nineteen-eighties.  


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Hence the manifold varieties of asset-backed security: the [[securitisation]], the [[collateralised loan obligation]], the [[collateralised debt obligation]], the [[credit-linked note]], and the humble [[Repackaging programme|repackaging]].
Hence the manifold varieties of asset-backed security: the [[securitisation]], the [[collateralised loan obligation]], the [[collateralised debt obligation]], the [[credit-linked note]], and the humble [[Repackaging programme|repackaging]].
===Challenges across the bridge===
{{Sa}}
{{Sa}}
* [[Swap history]]


* [[Swap history]]
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*