| ABSTRACT | 第1-5页 |
| 论文摘要(ABSTRACT IN CHINESE) | 第5-10页 |
| 1.Introduction | 第10-11页 |
| 2.Definition and Methodologies of Securitization | 第11-15页 |
| ·Definition of Securitization | 第11-13页 |
| ·Mortgage-Backed Securities(MBS) | 第13-14页 |
| ·Asset-Backed Securities(ABS) | 第14-15页 |
| 3.A Further Discussion on MBS | 第15-19页 |
| ·The Benefits of MBS | 第15-17页 |
| ·The Distribution of MBS Revenues | 第17-19页 |
| 4.Non-Performing Loan(NPL) Securitization | 第19-22页 |
| ·Definition of NPL | 第19页 |
| ·The Evolution of NPL Securitization in the World | 第19-20页 |
| ·The Development of NPL Securitization Market | 第20-21页 |
| ·The Characteristics of NPL Securitization | 第21-22页 |
| 5.NPL Securitization in China | 第22-32页 |
| ·The History of NPL Securitization in China | 第22-23页 |
| ·The Characteristics of NPLs in China | 第23-24页 |
| ·Current Status of NPLs in Chinese Banking System | 第24-25页 |
| ·The Methodology of NPL Securitization | 第25-29页 |
| ·The Benefits of the NPL Securitization in China | 第29-31页 |
| ·The Underlying Risks of NPL Securitization in China | 第31-32页 |
| 6.Current Situations in Chinese Banking Industry | 第32-37页 |
| ·Introduction of Chinese Banking Sector | 第32-36页 |
| ·Introduction of Credit Rating Industry in China | 第36-37页 |
| 7.Country Comparison | 第37-47页 |
| ·The U.S | 第37-43页 |
| ·Japan | 第43-45页 |
| ·South Korea | 第45-47页 |
| 8.Case Study | 第47-58页 |
| ·The First NPL Securitization Product:"Jian Yuan 2008" by CCB | 第47-51页 |
| ·Case Analysis | 第51-53页 |
| ·Case Conclusion | 第53-58页 |
| 9.Conclusion | 第58-60页 |
| Appendix 1:6 Major Credit Rating Agencies in China | 第60-61页 |
| Appendix 2:Securities Issued on Interbank Chinese Market(2006-2008) | 第61-62页 |
| Appendix 3:Interest Rate of Chinese Banks' Loans 2008 Jan.-Dec.(unit:%) | 第62页 |
| Appendix 4:Interest Rate Float of Chinese Banks' Loans 2008 Jan.-Dec.(unit:%) | 第62-63页 |
| Appendix 5:Detailed Composition of Chinese Banking Sector(2008) | 第63-64页 |
| Appendix 6:Measures for the Management of Capital Adequacy Ratios | 第64-73页 |
| Appendix 7:References | 第73-74页 |
| 致谢 | 第74-75页 |
