Characteristic Features and Types of Use of Mortgage-Backed Bonds in European States
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 1
Abstract
The article deals with mortgage instruments used in European economies. Scientific research focusing on the European mortgage market was analyzed. The article also considers the substance and distinctive features of mortgage-backed bonds - a mortgage-backed security type characteristic of the European market. The article discusses characteristic features of covered bonds, analyzes the basic emission models for such securities, their strengths and weaknesses. The work describes approaches to construction of models of mortgage-backed security emission and singles out a series of essential risks linked to operations of issuers of mortgage-backed securities.
Authors and Affiliations
Valeriia Prokopenko, Ihor Sviatokum
Keywords
Related Articles
- EP ID EP137671
- DOI -
- Views 111
- Downloads 0
Heterogeneity Factor of Personnel in Growth of the Intellectual Capital of Innovation-active Enterprises
The structure of the personnel of innovation active engineering enterprises was analyzed on various groups of heterogeneity. Predominance of workers with higher education was found with significant age differentiation an...
Main tendencies of globalisation of savings and investments in the world economy
The article analyses modern tendencies of movement of world savings, economies and investments. It identifies main directions of structural shifts in these processes, among which are advanced dynamics of growth of saving...
Efficiency of Mechanisms for Ensuring Financial Stability in Developed Countries
The aim of the article is to identify relationships between the monetary policy and long-term financial stability. The main method of the study is retrospective analysis of macroeconomic and financial performance of the...
Non-Economic Factors of Modern Development of the Financial Sector of the Ukrainian Economy: Methodological Bases of the Research
There have been identified and disclosed the methodological principles of research of the mechanism of functioning and development of the financial sector of the Ukrainian economy in modern conditions: 1) recognition of...
Factors of Social and Economic Efficiency of Tax Regulation of Standard of Living of Population
The essence of socio-economic efficiency of tax regulation of living standards is justified. Its general characteristics are given. The system of factors, which determine the socio-economic efficiency of tax regulation o...