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Marketable collateral is the exchange of financial assets, such as stocks and bonds, for a loan between a financial institution and borrower. To be deemed marketable, assets must be capable of being sold under normal market conditions with reasonable promptness at current fair market value. For sizeable banks to accept a borrower's loan ...
CLO issuance has soared since then, culminating in full-year 2013 CLO issuance in the U.S. of $81.9 billion, the most since the pre-Lehman era of 2006-2007, as a combination of rising interest rates and below-trend default rates drew significant amounts of capital to the leveraged loan asset class. [5]
The asset manager's role begins in the months before a CDO is issued, a bank usually provides financing to the manager to purchase some of the collateral assets for the forthcoming CDO. This process is called warehousing. Even by the issuance date, the asset manager often will not have completed the construction of the CDO's portfolio.
Asset-based lending refers to a loan or line of credit that is secured by collateral. Generally, secured loans and lines of credit offer more advantageous borrowing terms for business owners and ...
A collateralized fund obligation (CFO) is a form of securitization involving private equity fund or hedge fund assets, similar to collateralized debt obligations.CFOs are a structured form of financing for diversified private equity portfolios, layering several tranches of debt ahead of the equity holders.
Aspects of portfolio risk, risk management, capital adequacy, regulatory compliance and operational risk and asset liability management are also included in many collateral management situations. A balance sheet technique is another commonly utilized facet of collateral management, which is used to maximize bank's resources, ensure asset ...
The Treasury Department did not respond to a request for comment, but the definition of monetization means changing something into money, or at least expressing the asset in terms of a currency ...
A collateralized mortgage obligation (CMO) is a type of complex debt security that repackages and directs the payments of principal and interest from a collateral pool to different types and maturities of securities, thereby meeting investor needs.