0 relating to an investment with income from particular assets, for example payments on home loans: --
For investors, asset-backed securities are an alternative to investing in corporate debt.
Outside investors consider asset-backed commercial paper a safe investment for three reasons.
For a second example of subordinated debt, consider asset-backed securities.
Structured settlements may include income tax and spendthrift requirements as well as benefits and are considered to be an asset-backed security.
By contrast, asset-backed securities are typically off-balance-sheet transactions.
In addition to corporations and governments, the reference entity can include a special purpose vehicle issuing asset-backed securities.
It later also bought asset-backed securities and equities and extended the terms of its commercial paperpurchasing operation.
Hence, there is a possibility that full liquidity guarantees expire before the asset-backed commercial paper matures.
