资产证券化产品流动性的制度设计与保障  

The Provision and Safeguard Institution of Liquidity in ABS Products

作　　者：洪艳蓉[1] 

机构地区：[1]北京大学法学院,北京100871

出　　处：《证券市场导报》2008年第3期15-23,共9页Securities Market Herald

基　　金：本文为教育部人文社会科学研究"信贷资产证券化投资者保护法律机制"项目(批准号:05JC820039)的阶段性成果

摘　　要：ABS良好的流动性保障资产证券化金融创新功能的发挥,国内试点阶段ABS的低流动性,已制约未来资产证券化市场的发展。提高ABS的流动性要有全局观点和系统的措施,应立足国内实践,借鉴海外成功经验,从"天时""、"地利"、"人和"三个方面进行制度设计和保障。The adequate liquidity of ABS would ensure its financial innovation. The low liquidity of the current experimental ABS products has hindered the development of asset securitization market. To improve ABS＇ s liquidity, we should have comprehensive picture and systematic measures. The design of the system should base upon current practice, learn from oversea experience, and take ＂timing, environment and human＂ factor into account.

关 键 词：资产支持证券 资产证券化 产品流动性 金融创新 

分 类 号：F830.9[经济管理—金融学]