问题如下:
Economic benefits of securitization most likely include:
(i) reducing firms' funding costs that securitize assets.
(ii) increasing the liquidity of the financial assets that are securitized.
(iii) reducing excessive borrowing by banks.
选项:
A.(i), (ii)
B.(i), (iii)
C.(ii), (iii)
解释:
A is correct.
The primary economy benefits of securitization include reducing the funding costs for firms selling the financial assets to the securitizing entity and increasing the liquidity of the underlying financial assets.
老师,reducing firms' funding costs that securitize assets,但是做securitization这件事的不是bank和SPV吗,这里说的firm是谁呢