Analysis on Cash Flow of Bank Non-performing Asset Securitization

摘要

There are two key allocations of cash flow during the process of non-performing asset securitization, which includes: selling or transferring the future total cash flow in the asset pool to the publisher by the promoter, and selling the future cash flow to investor by the publisher. Therefore, the first task of the pricing of non-performing asset securitization is to accurately predict cash flow in future stages. In this paper, we analyze and research the cash flow without prepayment and the prepayment cash flow respectively.