Publications
Asset-Backed Securities
An Investor's Guide to Asset-Backed Securities (ABS) is aimed at educating the investor by providing an overview of this relatively new but fast growing segment of the debt markets. As an introduction, the booklet briefly covers how these securities are structured; the assets that back the securities--home-equity loans, credit card receivables, auto loans to name only a few; their high credit quality; credit enhancements and the key prepayment conventions used in the ABS market. Investment risks associated with ABS are reviewed as well as the tax status of ABS, minimum investments and transaction costs. Send the ABS guides to your customers or consider using them as part of your training program. Currently in stock (updated August, 2004).
Contact: Karen Barwick for all your order inquiries at 908-620-2538.