资产证券化的出现和发展,宣告了一种全新融资技术和金融工具的诞生,它不仅激活和丰富了国际金融市场,而且在现代经济中发挥着不可替代的重要作用,它可能成为未来资本市场融资方式的主力军。一、资产证券化的概念资产证券化,英文简称ABS(Asset-backed Securitization),意指背后有资产支持的证券化。通常被证券化的是一些流动性较差的资产,比如银行的长期抵押贷款、企业的应收账款、体育场馆的预期收入等等,资产拥有者将自 The emergence and development of asset securitization proclaims the birth of a new financing technology and financial instrument. It not only activates and enriches the international financial market, but also plays an irreplaceable important role in the modern economy. It may become the future capital market The main force of financing. First, the concept of asset securitization Asset securitization, English referred to as ABS (Asset-backed Securitization), which means backed by asset backed securitization. Often securitized are illiquid assets such as long-term bank loans from banks, corporate receivables, stadiums’ expected revenues, etc. The owners of assets