资产证券化产品现金流预测思路  

Thoughts on How to Forecast Cash Flows of Asset-Backed Securities

作　　者：徐兴红 姜基国 

机构地区：[1]苏亚金诚会计师事务所盐城分所

出　　处：《中国注册会计师》2021年第4期90-92,3,共4页The Chinese Certified Public Accountant

摘　　要：资产证券化是以特定资产组合或特定现金流为支持,发行可交易证券的一种融资形式。2005年,中国人民银行和银监会联合发布《信贷资产证券化试点管理办法》,随后建设银行和国家开发银行获准成为进行信贷资产证券化首批试点。为了规范证券公司、基金管理公司子公司等相关主体开展资产证券化业务,保障投资者的合法权益,需要管理人编制基础资产情况及现金流预测分析.In order to regulate the asset securitization businesses conducted by the securities companies and subsidiaries of fund management companies and protect the legitimate rights and interests of investors,the managers need to prepare the underlying asset reports and the cash flow forecasting and analysis reports.Generally,the managers would hire accounting firms and asset appraisal agencies with the qualifications to conduct securities and futures related businesses to prepare such reports,so as to test the future cash flow-back of the underlying assets in different scenarios.This article mainly deals with how to forecast the cash flows of the underlying assets of assetbacked securities.

关 键 词：信贷资产证券化 现金流预测 建设银行 编制基础 融资形式 相关主体 证券公司 国家开发银行 

分 类 号：F832.51[经济管理—金融学]