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资产证券化发展的一个重要体现是基础资产的不断丰富,并逐渐扩展至期限较短的循环资产。由于此类资产的期限普遍较短,存在较高的再投资风险和期限错配问题,针对短期循环资产证券化这一细分市场需求,主信托结构可以降低证券化平台的架构成本和运营成本,同时提高资产证券化的资产利用率。
An important manifestation of the development of asset securitization is the continuous enrichment of basic assets, and gradually expanded to a shorter cycle of assets. Due to the generally short duration of such assets, there is a high risk of reinvestment and maturity mismatch. The main trust structure can reduce the cost of infrastructure and operation of the securitization platform in response to the needs of a short-term revolving asset securitization market segment , While improving asset securitization asset utilization.