Structured Finance in Latin America
Hela Cheikhrouhou; Emanuel Salinas; Sophie Sirtaine; Dimitri Vittas; W. Britt Gwinner; John D. Pollner
World Bank Publications
2007
nidottu
The rapid accumulation of pension funds assets in Latin America has surpassed the offer of eligible traditional corporate debt securities, contributing to a high concentration of funds' investment portfolios on public debt. Authors argue that the introduction of structured finance mechanisms can help to expand the pool of eligible investments by issuing high quality securities that are ultimately linked to loans to small borrowers, mortgage loans or proceeds of infrastructure projects.