What are container asset-backed securities?

摘要

What do David Bowie, stallion semen and marine containers have in common? Luckily, it's nothing to be viewed through your fingers on YouTube. Rather, all three have been made into asset-backed securities, esoteric financial instruments that allow loans to be made against previously unrecognisable collateral. David Bowie sold 10 years of future revenues from 25 albums. Stud syndicates sell stallion semen earnings.