About the Editors.
Contributing Authors.
PART ONE: Structured Finance and Securitisation.
CHAPTER 1: Introduction (Frank J. Fabozzi and Moorad Choudhry).
CHAPTER 2: The Concept of Securitisation (Iain Barbour and Katie Hostalier).
CHAPTER 3: Mechanics of Securitisation (Alexander Batchvarov, Jenna Collins, and William Davies).
CHAPTER 4: Credit Derivatives Primer (Frank J. Fabozzi, Moorad Choudhry, Mark J.P. Anson, and Ren-Raw Chen).
CHAPTER 5: True Sale versus Synthetics for MBS Transactions: The Investor Perspective (Iain Barbour, Katie Hostalier, and Jennifer Thym).
CHAPTER 6: A Framework for Evaluating a Cash ( True Sale ) versus Synthetic Securitisation (Iain Barbour and Katie Hostalier).
CHAPTER 7: Assessing Subordinated Tranches in ABS Capital Structure (Alexander Batchvarov, Jenna Collins, and William Davies).
CHAPTER 8: Key Consideration for Master Trust Structures (Alexander Batchvarov, Jenna Collins, and William Davies).
CHAPTER 9: Trust and Agency Services in the Debt Capital Markets (Nick Procter and Edmond Leedham).
PART TWO: Asset-Backed Securities.
CHAPTER 10: European Credit Card ABS (Markus Niemeier).
CHAPTER 11: European Auto and Consumer Loan ABS (Markus Niemeier).
CHAPTER 12: European Public Sector Securitisations (Christopher Flanagan, Edward Reardon, and Doreen Tan).
CHAPTER 13: Italian Lease-Backed Securities (Andrew Dennis).
CHAPTER 14: European Mezzanine Loan Securitisations (Alexander Batchvarov, Jenna Collins, and William Davies).
CHAPTER 15: Stock Securitisations (Carole Gintz).
CHAPTER 16: Rating Trade Receivables Transactions (Jean Dornhofer and Everett Rutan).
CHAPTER 17: Moody s Approach to Analysing Consumer Loan Securitisations (Nikoletta Knapcsek and Valentina Varola).
CHAPTER 18: Nonperforming Loan Securitisation and Moody s Rating Methodology (Antonio Serpico, Alex Cataldo, and Hernan Quipildor).
PART THREE: Whole Business Securitisation.
CHAPTER 19: Whole Business Securitisation (Anant Ramgarhia, Miray Muminoglu, and Oleg Pankratov).
CHAPTER 20: Principles for Analysing Corporate Securitisations 349
Elena Folkerts-Landau, Pascal Bernous, Adele Archer,
Anthony Flintoff, and Apea Koranteng).
CHAPTER 21: Balancing Cash Flow Predictability and Debt Capacity in Corporate Securitisations (Blaise Ganguin, Apea Koranteng, Michael Wilkins, and Adele Archer).
CHAPTER 22: Credit Analysis of Whole Business Securitisations (Benedicte Pfister).
CHAPTER 23: Securitisation of UK Pubs (Andrew Dennis).
PART FOUR: Mortgage-Backed Securities.
CHAPTER 24: European Residential Mortgage-Backed Securities (Phil Adams).
CHAPTER 25: Italian Residential Mortgage-Backed Securities (Andrew Dennis).
CHAPTER 26: European Commercial Mortgage-Backed Securities (Phil Adams).
CHAPTER 27: Rating Approach to European CMBS (Benedicte Pfister).
CHAPTER 28: Differentiating CMBS from Other Real Estate Securitised Financings (Elena Folkerts-Landau, Clayton Hunt, Ronan Fox, Adele Archer, and Ian Bell).
CHAPTER 29: The German Pfandbrief and European Covered Bonds Market (Graham Harry Cross).
PART FIVE: Collateralised Debt Obligations.
CHAPTER 30: Structured Credit: Cash Flow and Synthetic CDOs (Oldrich Masek and Moorad Choudhry).
CHAPTER 31: Single-Tranche Synthetic CDOs (Barnaby Martin, Alexander Batchvarov, and Atish Kakodkar).
CHAPTER 32: Rating Methodology for Collateralised Debt Obligations (Henry Charpentier and Hernan Quipildor).
CHAPTER 33: CLOs and CBOs for Project Finance Debt: Rating Considerations (Arthur F. Simonson, William H Chew, and Henry Albulescu).
CHAPTER 34: Independent Pricing of Synthetic CDOs (Farooq Jaffrey and David Jefferds).
PART SIX: Credit-Linked Notes and Repacks.
CHAPTER 35: Credit-Linked Notes (Moorad Choudhry and Frank J. Fabozzi).
CHAPTER 36: Structured Credit Products and Repackaged Securities (Alessandro Cocco).
INDEX.
