ASSET SECURITIZATION MARKET IN THE RUSSIAN FEDERATION: INSTRUMENTS, STATE, FEATURES
Asset securitization is considered to be one of the most important financial innovations for recent decades. Now this financial technique shows a rapidly growth on the Russian capital market. As of the third quarter of 2015 there were about 400 bl. Rubles in total outstanding of asset-backed securities. The article discusses the instruments of asset securitization in Russia, their classification, their distinctive features, the legal basis, main problems and perspectives of the financial technique. This article examines the development of the market for the asset-backed securities in Russia.