Download This PaperSecuritisation in Latin America
12 Pages Posted: 1 Jul 2012
Date Written: September 2007
Abstract
Securitisation can transform ordinarily illiquid or risky assets into more liquid or less risky ones. Despite the recent rapid growth of securitisation, the Latin American market remains in its infancy, as reflected in the size and type of assets involved in transactions. Because of its benefits, further encouragement should be given to promoting this financing technique in the region. However, careful attention should also be paid to the associated risks.
JEL Classification: G15, G18, G21, O16
Suggested Citation: Suggested Citation
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